Sanlam Intelligence

Welcome to Sanlam Intelligence. This is your portal to the latest news on a variety of topics that feature prominently in a financial adviser’s life. We provide you with up-to-date market commentary, making sure that you always have your finger on the pulse of the latest events that moved the market and are able to give your clients prompt feedback on how these events can affect their portfolios. Sanlam Intelligence also provides you with the latest information on our core solutions, empowering you to speak with authority on the solutions you chose to implement your client’s financial plan. We are here to provide you with insights into the markets, the economy, and ever-changing investment legislation. We hope you enjoy the read.

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    Will the euro have its day?
    anemptytextlline
    16 March 2017
    The Netherlands general election, held on 15 March 2017, was not expected to rattle markets. And it hasn’t. It was assumed that even if the Party for Freedom (PVV), which opposes immigration and the euro, won the election it would not garner sufficient votes to govern as the remaining mainstream parties, which are unlikely to affiliate themselves with the PVV, would effectively rule through a coalition
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    Sanguine US Fed waits on Republican fiscal policy decisions
    anemptytextlline
    16 March 2017
    The US Federal Reserve’s decision on 15 March 2017 to increase the target range for the federal funds rate by 0.25% to 0.75-1.0% was widely anticipated. It is clear from the Federal Open Market Committee (FOMC) statement that the hike reflected the satisfaction of the Committee with the continued progress of the economy, notably the firmness of jobs growth amid a moderate medium-term GDP growth outlook.
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    Investors are supporting solutions – and the stats don’t lie
    anemptytextlline
    16 March 2017
    ASISA recently released the latest statistics showing which funds, asset classes and managers investors are entrusting their money to. The SA unit trust industry’s 2016 statistics reveal a few interesting long-term investor trends and also knee-jerk reactions to current markets. Carl Roothman, head of Retail at Sanlam Investments, highlights some of the trends observed.
  • Market snapshot February 2017
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    Market snapshot: February 2017
    anemptytextlline
    9 March 2017
    February was an exceptional month for international markets – one in which we saw most major indices explore new territory. Early in the month the Nasdaq Composite Index reached a new record, despite a tumble by General Motors and oil-driven businesses. Mid-February the Dow Jones Industrial Average, the S&P 500 and the Nasdaq reached new highs for the fifth consecutive day after President Trump promised details around his proposed tax cuts and Yellen signalled that higher rates are on the way. A week later all three indices again touched a new high.
  • A consistent performer, no matter the cycle
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    A consistent performer, no matter the cycle
    anemptytextlline
    2 March 2017
    In an era of volatility and uncertainty, the world of investing often resembles a labyrinth of indecision and changing goal posts. Even the most focused investors can find themselves caught up in external noise and emotion, eventually questioning their investment choices. During periods of volatility, investors need to be able to depend on funds that have proven their ability to reduce drawdowns and potential capital loss. Volatility therefore requires effective tactical asset allocation. The Sanlam Investment Management (SIM) Inflation Plus Fund meets this need.
  • At the crossroads, Gordhan maps out a path for growth
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    Budget 2017: At the crossroads, Gordhan maps out a path for growth
    anemptytextlline
    23 February 2017
    There were no surprises in Budget 2017 relative to pre-Budget expectations, which maps out a credible path to the stabilisation of the government debt ratio over the medium term. Importantly, government revenue is projected to exceed non-interest spending on the Main Budget by 2018/19. The consolidated budget deficit narrows from -3.4% of GDP in 2016/17 to -2.6% of GDP in 2019/20, while gross loan debt, which investors must fund, is expected to peak at 52.9% of GDP in 2018/19. Meanwhile, the net debt ratio (gross loan debt adjusted for government’s cash balances) is expected to increase to 48.1% of GDP by 2019/20 from 45.5% of GDP at the end of the current tax year. The importance of stabilising the debt position is illustrated by the continued sharp increase in Main Budget debt service costs on this debt from R146.3 billion in 2016/17 to R162.4 billion in 2017/18. This is absorbing scarce resources, which could be used for development expenditure.