Tag: returns
REPORT | Retirees lose the most as the ‘behaviour tax’ bites
Although past performance is not a good indication of future returns, it seems to remain one of the main determinants of investment switching behaviour and consequently the dreaded ‘behaviour tax’. This behaviour tax is calculated as the performance sacrificed after switching between one unit trust and another.
Avoid the narrative, not the opportunity!
Philipp Wörz | Fund Manager | PSG Asset Management | philipp.worz@psg.co.za | www.psg.co.za |
It’s easy to get caught up in market narratives.
When news...
African investment returns!
The euphoria of the ‘Africa rising’ narrative may have faded after slowed economic growth across the continent over the past few years, but there...
