It is not often the case that commodities do well when developed markets go into recession, but we think this time may be an exception.
Global Wealth & Investment View Q1 2023
Your look into the most important investor insights for the quarter
Welcome to the Global Investment View Q1
The Global Investment View distils the thinking of the Global Investment Strategy Group that brings together the insights of Investec Wealth & Investment’s professionals in the UK, South Africa and Switzerland. The Group meets quarterly to map out our outlook over the following 18 months, setting a risk budget and identifying some of the potential icebergs that lie in the global investor’s path.
Download the Global Wealth & Investment View Q1 | 2023
Chris Holdsworth Chief Investment Strategist. Investec Wealth & Investment SA
South Africa should be a beneficiary of stimulus in China but there is an increase in South African political risk that partly offsets any gain.
Executive view of the quarter
The Global Investment Strategy Group (GISG) maintains its global risk budget score (-0.5 on a scale of +3 to -3), while the SA risk score has also been maintained, at +0.5
Click here to download the Global Investment View Q1.
Read the full report for Q1
Find out why the Global Investment Strategy Group has retained its global risk budget score, while the SA risk score has also been maintained.