Johannesburg, South Africa — Thungela Resources has issued a cautionary update ahead of its interim results, projecting a steep decline in both earnings per share […]
Tag: market volatility
Yancoal Australia Forecasts Flat Production for Fiscal 2025 Amid Profit Decline
Coal Miner Reports 33% Drop in Annual Profit Due to Lower Coal Prices Sydney, Australia – Yancoal Australia has projected stable coal production estimates for […]
South African Asset Managers’ Response to Shifting Investment Trends and Political Uncertainty
In the midst of evolving investment landscapes, South African asset managers have notably adjusted their strategies, as highlighted in the 2023 Alexforbes Manager Watch Annual Survey. Over the past five years, a discernible trend has emerged, with a greater focus on global equities alongside recalibrations in domestic allocations. However, this strategic maneuvering unfolds against a backdrop of political uncertainty following national elections, with discussions of a Government of National Unity stirring market volatility. Yet, armed with insight and adaptability, South African asset managers remain poised to navigate these challenges, steering investments towards long-term prosperity amidst shifting sands.