Investors Monthly is a magazine published by Times Media, Media Division included in the Financial Mail on the last Thursday of the month. Some of the content below — articles in the Opening Bell and Analysis sections — may be for BDlive subscribers only.
Anglo: Bracing for a tough centenary
At one time, Anglo American controlled nearly 40% of the JSE. Today, it’s a shadow of its former self and, after Mark Cutifani’s radical plan to slash debt, it’ll enter an entirely new era. Should investors pile back in? asks Charlotte Mathews
Opening Bell and Opinion
Investors Monthly
Economy Watch: SA’s economic woes expected to continue
Local manufacturing and mining data confirm the economy is stagnant but not collapsing, though the risks remain to the downside
Investors Monthly
Pick of the Month: Sun International
Sun International’s share price — at a 12-month low — suggests market is still a little hesitant to bet on a big payout over the longer term
Investors Monthly
Trade of the Month: Woolworths vs Mr Price
Woolworths, under the leadership of CE Ian Moir, is gaining significant strategic edge over Mr Price in the key areas of diversification, scale and business execution
Investors Monthly
Opening Bell: Still energy for a power struggle
Despite the presence of obstacles such as weak natural gas and oil prices and the risks involved in the timing of a recovery, fuel extraction should not be written off as an investment
Investors Monthly
Property Investment: Where the uber-wealthy live
If you want to own a piece of Nettleton Road, SA’s most expensive street, be prepared to fork out a cool R41m on average
Investors Monthly
Investment Briefs: Gupta’s, Cape property, China, bonuses
Gupta’s Oakbay Resources is melting, buy Cape Town property or a public toilet? And If we think we’ve got it bad in SA, spare a thought for China
Q&A;: Time to avoid temptation to pull out the stops
Since December, the gold index has gained 100% and Harmony has rallied 352%. Giulietta Talevi spoke to Harmony’s Johannes van HeerdenOpinion
Editor’s Note: When markets melt down, don’t panic
Rob Rose
In every disaster lurks an opportunity for someone — and clearly, the braver investors aren’t shying away at the moment
Opinion
Editorial: MTN case shows how bad governance hurts
The MTN case should act as a wake-up call for investors who’ve allowed governance concerns to fall off their checklist
Opinion
A target ready for a buyout offer?
Anthony Clark
While input costs rise and consumers battle to avoid job losses, Sovereign may have painted itself into a corner
Features
Inside … Brian Joffe
As a leader you have to be assertive. Be unique and differentiate yourself from the competitionInvestors Monthly
Bon voyage, brave rand
Investors who want to avoid SA risk must be aware of international risks too, writes Stephen Cranston
Investors Monthly
Clever, or too big a risk ?
Finbond has soared 391% in the past three years, thanks to its strategy of microlending and mutual banking. But its biggest gamble so far has been buying into four US pay-day lenders. Can it work? asks Giulietta Talevi
Institutional uncertainty
Is local lekker and are our banks likely to do better in a rising interest rates environment than those of Europe, where rates are falling, and even negative? Stephen Gunnion takes a lookInvestors Monthly
ETF Watch: When to grin and bear it
Your aim should be to maximise quality and minimise volatility
Investors Monthly
Analysis: Global Equity Funds — a roundup of offshore equity
Most investors will opt for a multi-asset, or balanced, approach to their domestic assets, but they often prefer to invest internationally through a dedicated equity fund
Analysis
AB InBev: It’s beer time whichever way you look at it
AB InBev gives SA investors an opportunity to obtain exposure to a much larger brewer even before it takes over SABMiller for US$106bnInvestors Monthly
Talking Technicals: Better beware of the bear
Usually bear markets are most violent towards the end
Investors Monthly
Investec Australia Property Fund: Promising value chaser for offshore investment
Investors who are still keen to increase their exposure to offshore real estate markets should proceed with caution
Investors Monthly
Overview of the Month: Stormy start to 2016 — with a gold lining
Global markets had a torrid start to 2016 as they experienced the worst volatility in more than a decade
Investors Monthly
Invicta: Times are tough but it’s too early to give up hope
Invicta’s derating should alert small-cap bargain hunters
Investors Monthly
ENX: Be watchful and be ready to pounce at lower levels
The company has become a bit of a market darling since new CEO Paul Mansour revamped the old Austro listing
Investors Monthly
Labat: Trucking in funds to keep the pack pressing ahead
Labat Africa is unrecognisable as the cash shell it once was, only a few years ago
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