Vanderbijlpark Chamber / Sakekamer – Newsletter March 2016
Page 2 continues / Bladsy 2 volg so:
MARKET COMMENTARY – Erik Du Preez
With the first quarter of 2016 behind us, let’s have a look at the various asset class returns over the quarter.
Leading the pack over this period yet again was local properties, returning a handsome
9.8% for the quarter. What’s interesting to note is that all of these returns transformed
from its low in mid-February on the back of a stronger
currency and a drop in local bond yields. The All Bond Index came in second with 4.8%
mostly driven by improved sentiment after the shock reshuffling of the
finance ministry in late 2015.
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