The COVID-19 pandemic has wreaked havoc on global markets, initiated lasting repercussions for South Africa’s already-fragile economy and given us a glimpse of the long-term impact for global growth. In this compelling four-part webinar series, Marthinus van der Nest and industry leaders managing Amplify’s funds, unpack the key issues and opportunities presented by the “new normal” of post-coronavirus investing.
When the parts are greater than the whole
We have seen a substantial bounce in equity markets from the lows recorded in mid-March, amid the biggest economic crisis we have seen since the Great Depression. The massive surge in global markets have been driven by an unprecedented injection of liquidity into the global economy. As other asset classes yield exceptionally low returns, this money has been crowded out into risk assets with equity markets and emerging markets being the largest beneficiaries. The uncertainty remains around the sustainability of this strong run, given the debilitating impact that global lockdowns had on economies around the globe, especially South Africa. Considering skewed fundamentals, where are the opportunities in equity type investments?
Omri Thomas, portfolio manager for the Amplify SCI* Flexible Equity Fund, discusses how the unbundling of list companies unlocks value for your investment.
*Sanlam Collective Investments
