Last year gave investors little to cheer about and has market commentators reaching for the history books to see when last the market behaved this badly. Charts, historical comparisons and discussions around why markets will bounce back don’t adequately convey the fact that we all live in a real world, and experience real human emotions.
The purpose of this document is to give our clients an insight into Anchor’s thoughts on different asset classes and our near-term market outlook. Readers will see that we believe the fundamentals in South Africa have improved over the last year and, as a result, we think that current equity prices are attractive entry points to a number of stocks that should grow well in time to come. Investing is not a perfect science, but we are anticipating a year ahead that is significantly better than the one behind us.
For the full report and our views on each asset class, click here.
