Read Sharenet's Market Outlook for 2019 then join our complimentary seminar to get ahead...

The past year was a tough one for both SA and global markets. Politics and policy decisions with a direct negative impact on economic growth is a theme we carry into 2019. Investors are finding it difficult to shape expectations for the year. Risks often appear binary, with either a severely positive or negative outcome the result.

We think that investors need to consider the risk and ask themselves: am I being adequately compensated for the risk? In equity markets, we think the current reward doesn’t justify the risk (FTSE/JSE All Share around 54 000). Considering you can earn 7.00% in cash and more from an income portfolio (see our article on income as a safe haven), we don’t think carrying a substantial amount of additional risk for an extra 2-3% is worth it. The market is volatile and uncertain, and resulting movements may provide more attractive entry points to equity markets. Is the market going into a big correction? We don’t think so, but also don’t see a case for great upside potential.

In this article we will give you our take on where the market currently stands, what can be expected for 2019 and the largest risks that are potential stumbling blocks to our outlook.

Attend our complimentary seminar...

What you can expect from your Investments in 2019?

- Sharenet Investments House View for 2019
(Kobus Louw)

- Quantitative look at various Investment Leading Indicators
(Dwaine van Vuuren)

- A Practical example of Implementing an Investment Strategy
(Ian Stiglingh)

13 February

Cost: FREE
Time: 10:00 - 11:30

Address:
301, 3rd Floor
Imperial Terraces
Tygervalley Waterfront
Bellville

27 February

Cost: FREE
Time: 10:00 - 11:30

Address:
301, 3rd Floor
Imperial Terraces
Tygervalley Waterfront
Bellville

JC Louw
CHIEF EXECUTIVE OFFICER

JC Louw completed a B.Comm degree and MBA (Cum Laude) and started his career more than 20-years ago as part of the Greenwich Securities derivatives team in London. JC has been managing Private Client Share Portfolios (PSPs) and Retail Unit Trusts for more than 15 years with numerous performance accolades and currently heads up the Sharenet Group.

Kobus Louw
CHIEF INVESTMENT OFFICER

Kobus Louw is acknowledged as one of the leaders in the field of fixed income and investment derivatives in the market. He was Head of Portfolio Management at Sanlam, CIO at Cadiz Asset Management and is currently the CIO at Sharenet.

Ian Stiglingh
QUANTITATIVE ANALYST

Ian Stiglingh is responsible for research of equities across all industries. Ian completed his degree in Mathematical Science in 2013 and his Honours degree in Financial Risk Management in 2014, both at the University of Stellenbosch. Ian joined Contego Asset Management in January 2015 until he joined Sharenet and remains a quantitative investment analyst in the Investments division.

Dwaine van Vuuren
HEAD OF RESEARCH

Dwaine is a full-time trader / investor and a gifted numbers man. By combining his IT prowess, research insights and analytical ability he developed preeminent, widely uses, trading tools. His insights into market movements and investing strategy makes him a much requested speaker and educator.

For more information contact (021) 700 4828 or email jerome@sharenet.co.za