September 2018 The emerging markets are rebounding from the second-quarter horror show. Over the previous quarter , all the African markets considered showed negative real returns, with only Mauritius showing positive real growth in local currency terms. The rand rebounded in September after the slump of the past month. The Read more…
August 2018 Over the past month the African markets considered all performed poorly. The South African equity market is the only one to show real growth in local currency terms. The rand weakened over the same period due in part to continued global sell-offs of emerging markets securities. Click more Read more…
We have come a long way since the first SAM roadmap was circulated to the industry in 2010. It is now official, eight years on, SAM is effective from 1 July 2018. Most of the industry queries, concerns, discrepancies and impracticalities of the SAM regime that were uncovered from 2010 Read more…
July 2018 Over the past month all the African markets considered (including South Africa) showed negative real returns in local currency terms. On a year-on-year basis, the Kenyan and Zambian markets show positive real returns, whilst the rest continue to show negative real returns. Over 3 years, the poor performance Read more…
June 2018 Following relatively poor returns over the first quarter of 2018, the South African equity market rebounded over quarter two. The South African equity market is the only one of the markets considered that showed positive returns (in local currency terms) over the past 3 months. On a year-on-year Read more…
With risk management being front of mind in the world of Solvency II and SAM – through topics ranging from risk optimisation to risk capital – consideration should be given to the use of Economic Scenario Generator (ESG) models and their usefulness in providing risk management information. When discussing ESG Read more…
Changes to prudential regulation are being phased in across the African continent in a global move towards risk-based solvency regulation. The approach thus far has varied by country. Focus is given in this article to the Solvency Assessment and Management (SAM) regime being implemented in South Africa. We consider the Read more…
May 2018 All the markets considered showed negative returns (in local currency terms) over the past 3 months. On a year-on-year basis, all the markets considered showed positive real yields in local currency terms. Over the past 3 month the rand weakened against all currencies considered. On a year-on-year basis, Read more…
April 2018 With the exception of the Zambia, all the African markets considered showed negative real returns (in local currency terms) over the past 3 months. On a year-on-year basis, all the markets considered performed considerably better. Over 3 years, the real yields have been less impressive with only Mauritius Read more…
March 2018 With the exception of the South African and Mauritian markets, all the other African markets considered showed positive real returns (in local currency terms) over the first quarter of 2018. On a year-on-year basis, all the African countries considered performed well in local terms with real yields ranging Read more…