We are already deep into the second half of the year and the External Distribution Channels (EDC) lunches which we host in Pretoria, Johannesburg, and Cape Town are now focusing to the franchises which hold risk assets.
The first half of 2019 came and went in a flash. Global trade dynamics have ruled market fundamentals for over a year now and the news continues to be dominated by the United States (US).
The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) announced a 25 basis point (bps) cut to the Repo rate on the 18th of July. It was important to note that the decision was unanimous and that a 50bps cut was not discussed at all.
We had the absolute pleasure of having the Absa Asset Management (Pty)Ltd) Absolute Return Franchise as our focus franchise for the most recent External Distribution Channels (EDC) lunches in Pretoria, Johannesburg, and Cape Town
We had the pleasure of hosting the Fixed Income Franchise at our last External Distribution Channels (EDC) team lunches.