Investec Investec Focus Radio SA

No Ordinary Wednesday: Inside Investec’s investment outlook

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The global economy is proving resilient, and company earnings remain healthy. Even so, Investec’s Global Investment Strategy Group has maintained a risk score of zero, reflecting a measured approach to portfolio positioning. The findings are published in the quarterly Global Investment View.
On No Ordinary Wednesday, Chris Holdsworth, Investec Investment Management’s Global Chief Investment Officer, joins Jeremy Maggs to explain the thinking behind the decision.
Chapters
  • 00:00 Introduction
  • 01:23 What a zero-risk score means for portfolios
  • 02:11 Where the GISG agreed, and where AI divided the room
  • 05:38 Strong earnings, expensive US shares
  • 06:31 Higher bond yields: better for bonds, tougher for equities
  • 08:09 Why Investec is looking beyond US equities
  • 09:40 Why a weaker dollar matters for South Africa
  • 11:13 Why the global risk score stayed at zero
  • 11:48 Could AI tip the investment balance?
  • 12:20 Why South Africa turned more cautious
  • 12:52 Why Investec is turning more defensive on SA consumers
  • 14:03 Why SA equities still beat bonds on value
  • 15:36 Higher yields: the risk now, the opportunity later
13 Oct English South Africa Business · Investing

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