Replacement ratios in retirement
A replacement ratio is the ratio of the income you receive from your pension once retired, to the salary you were receiving just before retirement. For example, if your pensionable salary just before you retire is R10 000 per month and your replacement ratio is 80%, you might expect to receive R8 000 per month...
Meet Prasheen Singh, Head of RisCura Consulting
What does your position as a senior investment consultant involve? My position involves advising several of South Africa’s largest institutions on how to meet their investment goals. For example, for pension funds I advise how to best structure their investments so as to provide for their members’ retirement income needs. This entails...
Bright Africa 2014: a request for data
RisCura Fundamentals launched the inaugural Bright Africa report in April this year. The annual report provides a unique look at equity investment across the continent, and continues to be the first and most comprehensive report on the price of PE deals in Africa. Public interest in the report has been fantastic, with over 53 000...
South African private equity delivers steady first-half returns
The latest RisCura SAVCA South African Private Equity Performance Report, for the second quarter of 2013, confirms that the asset class continues to deliver steady returns that compare favourably with those reported for listed equity. “RisCura’s survey findings once again show that private equity has an important returns-boosting role in a diversified...
Hedge funds – local is different
The top three reasons for investing in hedge funds are typically diversification, composite portfolio strategy enhancement and decreased volatility. However, these all proved challenging for global hedge funds when the financial crisis hit. Globally, hedge funds lost value right along with other asset classes. But not in South Africa. Different...
RisCura expands UK team with two more specialist hires
RisCura, the investment advisors specialising in emerging and frontier markets, today announced the expansion of their UK team with the appointments of Josef Odili as Head of Africa Research, and Conrad Visagie as Quantitative Analyst. Commenting on the appointments, UK MD Andrew Slater said, “Although there is widespread misconception that investing...
Announcing SA’s top three Sauvignon Blanc-Semillon blends
At the first RisCura White Hot wine awards held yesterday at Landtscap, the top three Sauvignon Blanc-Semillon wine blends in the country were announced. Out of the 41 wines submitted by 30 different producers, the top three are Celestina 2012, Steenberg Magna Carta 2011 and Tokara Director’s Reserve White 2011. Celestina 2012 is produced in...
Raise your glasses to the top three wines
Raise your glasses to the top three wines Steenberg Magna Carta 2011 (5*) Price: R495 (due for release March 2014) WO Constantia Abv 13.5%, RS 2.5g/l, TA 7.2g/l, pH 3.1 60% Sauvignon Blanc, 40% Semillon. Semillon fermented and matured for two months in 500-litre and 600-litre French oak barrels, 45% new. After blending, the wine...
Returns from Africa come from growth and expansion, rather than debt leveraging
RisCura, the investment advisors specialising in Africa and emerging markets, today advised that, in contrast to more developed nations, the returns possible from private equity investment in Africa come from positive growth and not debt leveraging. Rory Ord, Head of RisCura Fundamentals, commented: “The returns from African private equity that...
