I spoke with Purple Group* (owners of EasyEquities) CEO Charles Savage about their half-year results. They’re starting to see strong operational leverage as revenue grows well ahead of cost growth. They’re also seeing clients taking up more products as the average number of products per client goes above two for the first time and they continue to set records for client assets.
You can also listen to this podcast on iono.fm here.
I followed up with Momentum head of asset allocation Herman van Papendorp after last chatting with him in January. Back then he was bullish on emerging market equities. He says if anything, the sell off from the Iranian war makes emerging markets even more attractive to investors as they’re now even cheaper.
You can also listen to this podcast on iono.fm here.
I spoke with Themba Sibiya from Sasria about them reintroducing Wrap Cover. This was withdrawn locally after the July 2021 riots and meant businesses had to secure it globally. This pushed prices higher and now a local offering will make it cheaper. This is good news, but it is still capped at R1 billion, which remains a challenge for the very large corporates.
You can also listen to this podcast on iono.fm here.
I chatted with Janina Slawski, head of investment consulting at Alexforbes, about the 2025 Manager Watch™ Survey. There are a number of notable trends, such as the growth of multi-managers and offshore allocations being well below the Regulation 28 allowance of 45%, in part due to rand strength. We also touched on fees that have been coming down for over a decade and strong empowerment credentials from the majority of asset managers.
You can also listen to this podcast on iono.fm here.
*The writer holds shares in Purple Group
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