Allan Gray The Allan Gray Podcast

02. Can optimism rise from the inflationary ashes?

--:--
South African inflation just hit its highest peak since 2009, as it accelerated to 7.4% in June, in line with the global trend. Over in the US, inflation reached a four-decade high of 9.1% last month. As households around the world grapple with rising food and fuel costs, central banks are faced with the difficult task of hiking interest rates to rein in inflation. Allan Gray portfolio manager Sandy McGregor started his career in the 1970s when, much like today, the world was facing rampant global inflation and an energy crisis. In conversation with Allan Gray portfolio manager Thalia Petousis, Sandy reflects on the very real geopolitical and economic challenges currently affecting the world. Taking us through a range of scenarios, he shares some important lessons from the past and looks to the future, reminding long-term investors that periods of strife often present opportunities.
22 Jul 2022 English South Africa Business · Investing

Other recent episodes

21. How the great election year has shaped financial markets

Global elections have been a dominant force this year, with sentiment around polling and election results driving volatility in many markets. The ANC’s drastic decline at the polls and the formation of a government of national unity have been of keen interest to investors in SA Inc. Abroad, we have…
18 Sep 50 min

20. Two-pot: How to achieve better retirement outcomes

The new two-pot retirement system has been designed to improve retirement outcomes for South Africans, while allowing some access to retirement savings in case of severe financial stress. However, there are some hidden risks that investors should be aware of to ensure they don’t inadvertently offset its intended benefits. Richard…
5 Aug 40 min

19. Building multi-asset portfolios in an uncertain world

Periods of heightened uncertainty are inevitable when you are investing over the long term. And when it is not clear when or how things might change, multi-asset portfolio construction becomes an increasingly complex task. For some time, our offshore partner, Orbis, has warned that the environment appears to be changing,…
26 Jun 54 min

18. Investment notes from the frontier

Investing in frontier markets is not for the faint-hearted. But for those brave enough to look beyond material risks, such as political instability, currency fluctuations and poor liquidity, many of these smaller markets provide fertile hunting ground for compelling ideas and exposure to sectors that are not available in South…
17 May 50 min

17. Trends shaping the future of investment management

The commonly accepted wisdom is that if we want a glimpse into the future of South Africa’s financial services sector, we should take a look at the United Kingdom’s financial landscape and delay the experience by a few years. In this conversation, Dan Brocklebank, UK head of our offshore partner,…
5 Apr 41 min
All episodes