September 2019 The African markets considered continues to show poor local currency denominated returns in nominal and real terms. Over the longer term (5-years), the poor experience persists across the markets considered in real local currency terms. The relatively high Inflation in Nigeria, Ghana and Zambia has further depressed the Read more…
August 2019 All African markets considered experienced flat or negative real returns over the last month in local currency terms. Over the longer term (5 years), the poor experience persists across the markets considered in real local currency terms. Click more to view the full Dashboard. View Full Dashboard August Read more…
We have attached a white paper discussing some recent research by the QED team. Recently, more insurance applications of machine and deep learning models have emerged, with potential benefits of more accurate pricing and reserving. The attached white paper considers the model risks posed by machine learning and deep learning Read more…
July 2019 The JSE performance continues to be uninspiring with negative nominal returns over the short term. Over 5 years all the markets considered have produced flat or negative nominal returns. The JSE has performed the best in local terms but still only 2% (against inflation of 4.9%). Click more Read more…
June 2019 The JSE showed some signs of recovery over the last month, ending the quarter off with marginally positive real returns. All other African markets considered experienced negative real returns over the last quarter in local currency terms, with Kenya and Zambia the hardest hit at -10.2% and -21.2%, Read more…
May 2019 The JSE performance continues to be uninspiring – over the longer term and recently – with negative returns over the short term. With the exception of Ghana and Nigeria , all other African markets considered experienced negative real returns over the last month in local currency terms. Click Read more…
April 2019 The JSE continues to rebound from its previous low with good real returns over the last month. The volatility index has also continued its decline over the same period. All other African markets considered experienced negative nominal returns over the last month. Click more to view the full Read more…
March 2019 The JSE has had its best quarter in over a decade . The South African equity markets rose by 7.1% over the first quarter. Emerging markets show a similar trend apart from Nigeria, Mauritius and Ghana. Over the long term (5 years), the rand depreciated against most currencies Read more…
February 2019 We’re pleased to announce the addition of Ghanaian indicators to the dashboard this month. Like the other African countries considered, the Ghanaian equity market has performed rather poorly over the last 5-years, showing negative real returns over all the terms considered. Also, Ghanaian inflation is amongst the highest Read more…
January 2019 The South African equity market has rebounded slightly over the last month although it lagged the World and Emerging Market Indices. Volatility also reduced slightly. Over the last month real equity returns are positive for all the markets considered – with only Nigeria showing negative real returns in Read more…