In this month’s newsletter Henk Myburgh looks at target return objectives and discusses the potential pitfalls of the narrative fallacy by using investment themes. He compares Nominal and Real returns and argues that Real returns should be favoured as an investment objective.
Is it rational to allocate less to bonds than the traditional 40% for a balanced portfolio?
Can the Fed claim a “soft landing”? A deeper look at the relationship between the yield curve and historical recessions, leading in to the Fiscal Dominance concept, the current US yield curve and economy.
A brief recap of the major headlines of 2023, followed by some detail on one of the major headlines of 2024, national elections spanning across the globe.
Concentration unpacked through a comparison of the MSCI World Index according to two different weighting methodologies.
By recognising the tendency to overestimate short-term impacts and underestimate long-term effects, investors can make more informed decisions, focus on their long-term goals, and stay committed to sound investment strategies.
The stability of the banking sector is crucial for the overall health of an economy, as they provide various financial services to individuals, businesses, and governments. In this newsletter, Henk Myburgh, CFA, explains how a bank works, the risks that they face, how bank runs happen, and a brief history of the recent bank crises.
With interest rates rising across the globe, we thought it pertinent to provide some background on the impact of interest rates on the value of investments.
When evaluating investments, it is often difficult to consider which of the vast number of possible solutions is the best one to suit your needs.
As usual, the answer lies in the detail. We have done an analysis which compares unit trusts and segregated portfolios. We have listed key differences between the two in order to provide key details which will facilitate the determination of which approach best suits your situation.
When volatility rears its head in the market and investors become nervous, one cannot help but wonder if it might be better to exit the market and wait for things to settle down before participating again.
This month, we investigated whether there is any benefit to selling out and sitting on the side-lines when markets take a turn for the worse.
Pyxis Investment Management (Pty) Ltd, FSP no. 662, is an authorised Financial Services Provider under the Financial Advisory and Intermediary Services Act, 2002.
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