What is the outlook for global and local asset classes?
THE HIGHEST-ever proportion of the world’s population will be experiencing some form of elections in their countries or regions during 2024, with almost half of the planet’s people heading to the polls this year.
For global financial markets, this could imply a higher-than-usual potential for election-induced volatility risk in 2024.
For South African investors, our preference remains tilted towards local asset classes over their global counterparts in the upcoming year. SA assets exhibit more appealing valuations compared to global alternatives, and al-ready reflect …