Wealth Creation - S&P500 Returns Now Driven By Just A Handful Of Stocks

Loading player...
Guest– Sean Ashton, Head of Investments at Private Clients by Old Mutual Wealth.

In this conversation we dive into the forces shaping the world’s largest stock market. Sean Ashton shares insights from his analysis of S&P500 returns between 2010 and 2025, revealing that just a handful of top-performing stocks now drive the majority of gains. How concentrated are these returns, and what does it mean for investors navigating today’s markets?
8 Sep 2025 12PM English South Africa Business News · Investing

Other recent episodes

Capitec’s R16.8bn Year

Capitec CEO Graham Lee discusses the bank’s 23% earnings surge, its diversified business model, and the rapid rise of digital payments.
22 Apr 4PM 14 min

Inflation Through the Eyes of the Consumer

Eighty20 Director Andrew Fulton translates the CPI numbers into real‑world household pressure. From meat‑led food inflation to the looming oil shock, he explores which consumers are most exposed and how spending behaviour is shifting.
22 Apr 4PM 9 min

SA’s Draft AI Policy: The Cost of Getting It Wrong

Free SA spokesperson Gideon Joubert discusses the organization's concerns about South Africa’s Draft National AI Policy—including expanded bureaucracy, duplicated institutions, and barriers for startups.
21 Apr 4PM 5 min

Legal AI Time Bombs

Pinsent Masons’ Geoffrey Allsop explains why employers are already legally liable for AI‑driven decisions under South African law. We explore discrimination risks from foreign‑trained models and what the Draft AI Policy signals for workplace regulation.
21 Apr 4PM 9 min

Understanding SA’s Draft AI Policy

Werksmans’ Ahmore Burger‑Smidt unpacks South Africa’s Draft National AI Policy. This includes the proposed new AI institutions, privacy blind spots, and the implications for business.
21 Apr 4PM 21 min