top of page


2021 saw most developed countries emerge out of their pandemic lockdown-related recessions while emerging markets continued to struggle with vaccination roll outs. Read more

South Africa

South Africa’s struggles with getting its population to a state of herd immunity and realizing a slower economic recovery (at least when compared to the rest of the world) did not reflect in market returns for 2021. Read more

Market Performance

Asset class returns for the year were generally mixed but, when measured in rands delivered positive returns across the board in 2021 This was partly due to the rand weakening almost 9% against the US dollar. Read more



bottom of page