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...
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...
