South Africa has long struggled with its reputation as a volatile and risky emerging market (EM), but is now becoming a favourite among investors seeking to navigate a world with Donald Trump as US president.
Goldman Sachs Group and Societe Generale SA say the country's currency, stocks and bonds could outperform EM peers next year, protecting portfolios from global turbulence around inflation, trade and geopolitics.
They see the country as relatively sheltered from any shocks of Trump's policies.
His pledges from tariff hikes to spending plans and deportations are rattling money managers because of how they can bring back inflation, reduce the room for monetary easing and weigh on local growth.
EM currencies have all but erased their gains for the year and stocks are deepening an under-performance relative to richer nations.
Bond yields have risen since September as policy concerns outweighed the Federal Reserve's two interest-rate cuts.
هذه القصة مأخوذة من طبعة December 02, 2024 من The Citizen.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 02, 2024 من The Citizen.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Buccaneers Can Top The Log
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BEWARE: COUNTER-ATTACK IS AN ISSUE FOR AMAKHOSI
