Welcome to the Global Investment View Q2

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 Q2 | 2023

Load shedding and failures at Transnet are taking their toll and the economy is likely to drift sideways over the year ahead.

Chris Holdsworth
Chris Holdsworth Chief Investment Strategist. Investec Wealth & Investment SA

The reopening of the Chinese economy, combined with continuing strong investment in the global energy transition and disciplined supply from miners should, in our view, continue to provide support for commodity prices and South African exports.

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 Executive Summary Q2 2023.

Read the full report for Q2

Find out why the Global Investment Strategy Group has retained its global risk budget score, while the SA risk score has also been maintained.

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