Investing in South African fixed income assets: A safe haven, or are there challenges ahead?
In the last few years local fixed income assets have acted as an investor safe haven. Now, however, the Coronavirus crisis has exacerbated South Africa’s economic downturn, the SARB has severely cut short-term interest rates, and credit risks have increased meaningfully. So will South African bonds and fixed-income funds remain a sound investment choice? In this Q&A webinar, Gareth Bern, Head of Fixed Income, takes a closer look at the fundamental changes in our fixed income market; explains how we are positioning our portfolios in response; and provides some insight into the prospective returns our clients can expect over the medium term.