Bob Corbett Assoc cc

17/02/2026

Latest news is that we have closed the office in Montague Road Monte Vista and have moved to 2 Leyden Street Monte Vista as of tomorrow 18th February 2026 - just over 18 years since we moved from town to Monte Vista.

18/09/2019

Local investors are opting for fixed income over equity, in a bid to play it safeHeightened risk aversion from local investors has resulted in increased demand for fixed income funds, while equity funds have lost much of their appeal. The latest statistics from the Association for Savings and Invest...

16/09/2019

Research into the provision of affordable housing indicates that home ownership not only provides important welfare and social benefits, but is also an important opportunity for people to accumulate wealth. People who own their own homes move beyond viewing their houses as simply providing shelter,....

16/09/2019

Brexit update: What happens next? - https://mailchi.mp/anchorcapital/brexit-update-what-happen-next

12/09/2019

The South African economy grew by an encouraging 3.1% in the second quarter of 2019, despite coming off an especially low base given the sharp decline in GDP growth shown during the first quarter of the year.

20/08/2019

Discovery responds to the NHI

Insurer and finance group Discovery has issued its official statement on the National Health Insurance (NHI) Bill which was tabled last week (8 August).

07/08/2019

South Africa’s listed property sector has been a consistent top performing asset class over many years. Investors had become accustomed to double digit annual returns and continued growth. The tide turned last year when the sector lost over 25% of its value. Since then SA listed property has been ...

12/07/2019

July is Savings Month, but it’s also the month of the ICC Cricket World Cup, FIFA Women’s World Cup, the African Cup of Nations and let’s not forget Wimbledon and the Tour de France. As sporting fans, it really doesn’t get much better than this. As investors, it’s a fantastic opportunity t...

12/07/2019

I heard that I should invest in a fund that is well diversified and that can outperform inflation. Are balanced funds a good option?

14/06/2019

SARS raises tax return threshold

The SA Revenue Service (SARS) announced on Tuesday 4 June that it’s raised the tax return threshold from R350 000 to R500 000.

28/08/2018

Stanlib's Weekly Focus with Paul Hansen and Kevin Lings

Market Comment

• For the first time in 7 months since late January, the S&P 500 Index closed at a new record high, to be +7.7% so far in 2018, right in the midst of the quietest time of the year because of the summer holidays. This is the last week of holidays.
• The Nasdaq also closed at a new high (+15.1% year-to-date), as did the smaller share Russell 2000 Index (+12.4%). The Dow is still 810 points below its previous high (-3.1%).
• What is also intriguing is that the US bond market is also stronger, with the 10-year yield down (price up) at 2.81%, the lowest yield (highest price) in 3 months.
• Despite recent higher inflation numbers in the US, Fed Governor Powell indicated on Friday in his speech that it looks unlikely that inflation will move materially above the 2% target, meaning he doesn’t appear concerned about inflation, which is very unusual after 9 years of an economic recovery.
• This has allowed the bull market in shares to be one of the longest in history, with strong economic growth and rising earnings accompanied by fairly loose monetary policy (still low interest rates).
• What was very important last week was that the US dollar weakened a bit more to $1.161 to the euro (ironically partly because of Trump’s political problems), thereby improving risk-taking and helping commodity markets and emerging markets.
• All of this good news appears to have finally spilled over into the JSE, with the All Share Index rising by +3.8% last week to a 6-month high, at the same time as the rand gained +2.4% (so in dollars the ALSI gained over +6% last week).
• The ALSI is today up for the 8th consecutive day! Wow!
• The South African Reserve Bank’s business cycle indicator accelerated to +5.9% year-on-year in June. Apparently this is a reliable predictor of economic growth 6-9 months out.
• So the ALSI is now slightly positive in 2018 (including dividends) at +0.1% (was -3.6% a week ago), while SA Listed Property recovered a little more to be -19.5% so far in 2018 (was -20.2% last week) and the All Bond Index is at +4.9% (+3.7% last week) as better emerging market sentiment and currencies brought the 10-year yield down a bit (price up).