Why cash is anything but a safe investment in retirement fund portfolios
Cash has traditionally been considered a safe investment as it provides relatively consistent returns and protects capital. However, from a retirement portfolio perspective, cash is anything but safe, says Prasheen Singh, Head of investment consulting at RisCura. “Cash is risky because its purchasing power is eroded by inflation. Retirement...
Debt a small portion of African Private Equity deals
Private equity deals in Africa are financed with far less debt than deals concluded in developed markets. This means that returns have to come primarily from actual profit growth as opposed to leverage. “On average in Africa, only a third of unlisted investment capital comes from debt, whereas in the developed world it’s around two...
International Market Commentary: June 2013
Summary As mentioned in last month’s commentary, markets were overextended after the prolonged rally in the past few months, so the correction in June was overdue. It is poignant to note that markets began to recover quickly towards the end of June as fear of rising interest rates started to abate. However, it is equally...
Private Equity Performance Report South Africa: Q1 2013
It is our pleasure to present the Q1 2013 RisCura SAVCA Private Equity Performance Report (click on the download link above). To receive the latest Private Equity Performance Reports, subscribe here. As always, we thank the participants for providing their data for inclusion in this report. Should you have any queries or require further information,...
RisCura Consulting named Asset/Investment Consultant of the Year
At the 2013 Principal Officers Association (POA) Imbasa Yegolide Awards, held on Monday night in Johannesburg, RisCura Consulting was named Asset/Investment Consultant of the year. The awards recognise retirement fund service providers that have provided exceptional service within the retirement fund industry in the past year, as nominated by...
Returns of the past
Looking at past performance when selecting an asset manager It’s often said that the past performance of an asset manager is no guarantee of future performance. While this is true, past performance still needs to be considered when selecting an asset manager, says Prasheen Singh, Head of RisCura Consulting. “It’s...
International Market Commentary: May 2013
May started off with a bang, with several developed market indices such as the S&P 500 in the US and the FTSE 100 in the UK reaching all-time highs while Japan’s Nikkei 225 and Europe’s Stoxx Europe 600 indices also hit post-financial crisis highs. However, a raft of negative news from increasing probability of the...
UK Trustees still largely unaware of full impact of latest TPR objectives
RisCura, the investment advisors specialising in emerging markets, today urged schemes to look closely at their investment portfolio following the additional statutory objective placed upon the Pensions Regulator (TPR). Andrew Slater, MD at RisCura UK said; “Despite the government announcements being made over a month ago, it is very clear to...
International Market Commentary: April 2013
March was rocky with a poor resolution of Cyprus’s debt problems, an inconclusive parliamentary election in Italy, and poor economic data from China, which all weighed on markets. April saw world equity indices continue their rally, which originated from the latter half of last year. The MSCI World index was up 2.9% for the month...
