Exploring the frontier: Why elevated risk offers enticing opportunities
Global markets are navigating a challenging mix of persistent conflict, energy insecurity and volatile inflation, stoking fear among investors. In frontier and smaller emerging markets, that fear weighs heavily on asset prices, often sending them well below what the underlying business fundamentals suggest.
All insights
Taxation of retirement lump sums and living annuity income for non-residents
Investors who emigrate are often surprised by the complexity involved in accessing their existing retirement investments after they have ceased to be South...
Exploring the frontier: Why elevated risk offers enticing opportunities
Global markets are navigating a challenging mix of persistent conflict, energy insecurity and volatile inflation, stoking fear among investors. In frontier a...
Orbis Global Balanced: Avoiding fear and greed in a noisy market
Portfolio manager Alec Cutler, from our offshore partner, Orbis, reflects on the Orbis SICAV Global Balanced Fund’s performance over the period. He explains...
Optimal Fund: Muted returns conceal a sharp rise in volatility
Coming off record-breaking outperformance in the previous year, the first quarter of 2026 saw the JSE’s worst showing since 2008, underscoring how concentrat...
Equity Fund: Markets retreat as sentiment cools and volatility rises
Against heightened geopolitical tension and increased market volatility, the Allan Gray Equity Fund navigated a challenging first quarter of 2026, delivering...
Stable Fund: Navigating markets as sentiment shifts
After a strong start to the quarter, markets reversed course in March as global risks came back into focus. Portfolio manager Tim Acker reflects on the Allan...
Balanced Fund: War and commodity moves define a volatile quarter
Portfolio manager Rory Kutisker Jacobson unpacks the drivers of the Allan Gray Balanced Fund’s pleasing performance achieved amid a highly turbulent market...