NEWS | How do you cater for extreme events when constructing resilient multi-asset portfolios?
How do you cater for extreme events when constructing resilient multi-asset portfolios?
Over the past two months, we have had the privilege of meeting with many clients and advisers at our first in-person events in over two years, and via webinars. Top of mind during the Q&A panel discussions was how to position portfolios to withstand uncertainty. This makes sense bearing in mind the backdrop of the pandemic, the devastating floods in KwaZulu-Natal and the tragic war in Ukraine. Gladness Rupare and Martine Damonse, who hosted panels with members of the Allan Gray and Orbis Investment teams at the events, capture some of the key questions asked and insights delivered, which illustrate how the Allan Gray Balanced Fund is positioned to be resilient and deliver returns in different scenarios.
Since the start of this year, most equity markets have nosedived into negative territory. The same central banks that were printing money are now aggressively trying to rein in inflation exacerbated by the crisis in Ukraine, which has caused acute shortages in some areas of the global supply chain. Meanwhile, the South African market and the rand have remained surprisingly strong relative to our global counterparts, supported by commodity prices.
August 01 2022 By Gladness Rupare and Martine Damonse - Allan Gray
