Navigating setbacks and successes at Sun International
Since the late 1990s, Allan Gray clients have held positions of varying size in Sun International, a casino and resort operator founded in 1967. Over nearly three decades, the long-term investment case has evolved repeatedly as the company achieved great successes, suffered nearly fatal challenges, and reinvented itself. Pieter Koornhof discusses how Allan Gray’s views on the company have changed over time and shares the lessons long-term investors can learn from this journey.
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Navigating setbacks and successes at Sun International
Since the late 1990s, Allan Gray clients have held positions of varying size in Sun International, a casino and resort operator founded in 1967. Over nearly...
Changing offshore investment limits: A solution looking for a problem
First published on 25 September 2026 and updated for the period ended 30 September 2026. South Africa’s investment shortfall does not stem from a lack of...
Unlocking infrastructure investment in South Africa
In the latest episode of The Allan Gray Podcast , Thalia Petousis, Sandy McGregor and Raine Adams argue that SA’s infrastructure underinvestment is not the...
Stable Fund: Resilient through uncertainty
A more challenging market environment has highlighted the importance of portfolio resilience. Sean Munsie explains how the Allan Gray Stable Fund has benefit...
Orbis Optimal SA: Sifting for AI opportunities
The market’s broad classification of artificial intelligence winners and losers has left some good businesses overlooked. Maurits Ovaa from our offshore...
Balanced Fund: Finding value in a divided market
A difficult local market has created opportunities in a handful South African companies, while offshore diversification continues to provide resilience. Tim...
Equity Fund: When froth gives way to value
The Allan Gray Equity Fund has delivered strong relative performance this year despite a weak local equity market. Rory Kutisker-Jacobson explains where the...