Londa Nxumalo - Allan Gray

Londa Nxumalo

Londa joined Allan Gray as a credit analyst in 2017 and was appointed as a portfolio manager in 2019. She managed the bond portfolio, as well as portions of the fixed interest component of the balanced portfolios and the Africa fixed interest portfolio. In May 2023, Londa joined Orbis as a member of the Multi-Asset Investment team. Londa holds a Bachelor of Accountancy degree from Rhodes University and a Master of Commerce degree in Development Finance from the University of Cape Town Graduate School of Business. She is a qualified Chartered Accountant.

Articles by Londa Nxumalo

Insights categories - Markets and economy

The trouble with municipalities

By Londa Nxumalo on 27 Jan 2022

Reading time: 7 mins

The extensive infrastructure needs of South African municipalities provide an opportunity for long-term bond investors – such as retirement funds – to help...

Insights categories - Markets and economy

Africa market bond exposure: Understanding the risks and opportunities

By Londa Nxumalo on 11 Oct 2021

Reading time: 11 mins

Is it worth taking on a bit more risk to achieve potential return? Londa Nxumalo explains the relationship between risk and return in the fixed income contex...

Insights categories - Local investing

Easy monetary policy to remain a feature for the foreseeable future

By Londa Nxumalo on 20 Oct 2020

Viewing time: 22 mins 9 seconds

When picking investments for a bond fund, it is important to consider what is going on in the economy, particularly GDP growth, the inflation trajectory and...

Insights categories - Local investing

Do bonds offer opportunity in a post COVID-19 world?

By Londa Nxumalo on 28 May 2020

Reading time: 6 mins

As investors we must think about what the world will look like when the pandemic has passed, and what asset classes offer opportunity. Presenting via Zoom...

Insights categories - Local investing

Should you invest in bonds?

By Londa Nxumalo on 29 Jan 2020

Reading time: 7 mins

The recent performance of South African bonds – which have outperformed cash and equities over three and five years – has prompted investors to ask whether...


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