The SARB Monetary Policy Committee (MPC) decided to keep the repo rate unchanged at 3.5% in a unanimous decision. This outcome was in line with the consensus survey expectations, as well as the market prices. As such, there was minimal impact on bond yields, the rand, and equities.
A little shy of two decades ago, prior to Compli-Serve SA’s official launch, I penned an article on how technology was impacting financial services and importantly, financial advice.
IOSCO and the CPMI today published the consultation report Application of the Principles for Financial Market Infrastructures to stablecoin arrangements.
Instruments & Investments
Environmental, Social and Governance – ESG, once an acronym we heard about sometimes, has moved into mainstream conversation. Concern over the impact of climate change is growing, particularly with the reality check of the floods in Europe and heatwaves in the US.
Mergermarket, the leading provider of M&A data and intelligence, has published its 3Q19 report which revealed that the slowdown in dealmaking spread to the US market in 3Q19, causing global M&A to drop 11.4% year-to-date (YTD) on last year to USD 2.49tn (across 13,304 deals).
Retail investors, by selecting portfolios, asset classes or asset managers who are focused on sustainability, have the option to ”‘invest for the good”.