On Thursday 3rd November 2016 the Central Bank of Egypt (CBE) announced its historic intention to fully liberalise its exchange rate, moving from a fixed peg against the US Dollar to a fully floating free market based regime. Find out what the market thinks about it, what we think about it and what is likely to happen next.
Disruption can be driven by a variety of forces either on its own or in tandem. These forces can be political, regulatory, social, competitive, technological, business model and innovations in a variety of forms. This article looks at technological advances that are disrupting the investment management industry. Disruptive change may seem to appear from nowhere but it is a process that has its root causes or drivers, even though they may be complex and unpredictable.
James Turp, the Head of Fixed income, and our very own “Mr. Bond,” captured the attention of clients as he delved into the great expectations currently baked into the fixed income world.
Finance Minister Malusi Gigaba Medium Term Budget Policy Statement (MTBPS) on October 25th will come under intense scrutiny as it is the first opportunity for the Minister to demonstrate his performance in the position. Historically the MTBPS has been seen as a useful scorecard for progress made on the February budget It provides detail on government’s spending priorities, sets out fiscal objectives over the medium term (three years) and sketches government’s take on the South African economic context.