Novare in the News and Press Releases
Novare news
Agreement signed to develop R1.8bn rare earth, critical battery elements refining facility in Africa
South African multidisciplinary asset manager Novare and ReElement Technologies Corporation, a subsidiary of Nasdaq-listed American Resources Corporation, have announced a R1.8-billion rare earth and critical battery elements refining facility in Africa.
ANALYSIS | With Trump in office, SA will need to plot its next move carefully
Donald Trump’s recent election win hardly registers as a shock. From the outset, Kamala Harris’s campaign was uninspiring at best, with much of her support likely driven by an anti-Trump vote rather than enthusiasm for her policies.
Trustees urged to hang tight with investment strategies as two-pot takes effect
Pension fund trustees are being advised to wait until the implications of two-pot withdrawals on their funds are clearer before changing investment strategies.
Novare Bets on Insurers, Small-Caps as Big Winners in SA Market Rally
South African insurers, banks, retailers and domestically focused small-cap stocks are set to be the biggest winners from a rally in the country’s stock market, driven by growing optimism that the Government of National Unity (GNU) will make progress in promoting stability and economic reforms.
Novare to enter Angola, expand Nigerian business amid positive reforms
Financial services group Novare Holdings plans to enter Angola and expand its Nigerian business to benefit from economic and political reforms that seek to accelerate growth in the sub-Saharan African countries.
OLA LEEPILE: Harness the power of private equity for economic gains
The recent elections have brought sweeping changes to SA’s political landscape, offering an opportunity to address challenges that could alter the country’s economic and financial market trajectories.
Green property ‘will attract foreign investment to Africa’
Decarbonising the retail property sector on the continent over time will make African markets more appealing for foreign direct investment, says Olaotse Leepile, CEO of Novare, the African investment solutions provider.
Podcast: How open are African pension funds to offshore allocations?
Citywire discusses the rationale behind African pension funds' interest in offshore investments. Historically, these funds have primarily invested in their countries of origin, due to familiarity, regulatory constraints and perceived risk.
Derrick Roper | Unleashing Africa as an economic powerhouse through unrestricted trade
The World Bank estimates that, if implemented, the free trade agreement will boost Africa’s income by $450 billion by 2035.
Novare achieves EDGE Champion recognition
Novare Group (Novare), the investment solutions provider with a property portfolio across the African continent, has achieved EDGE Champion status from the International Finance Corporation (IFC), the private sector arm of the World Bank due to its commitment to EDGE certifying 100% of its building portfolio.
Novare Mayibentsha Moderate Qualified Fund of Hedge Funds has consistently grown clients’ wealth and protected their assets.
Novare Holdings, one of South Africa’s fund of hedge funds (FoHF) pioneers, is celebrating 20 years of outperformance with its award-winning Novare Mayibentsha Moderate Qualified Fund of Hedge Funds.
Novare sees safety in Hedge Funds as risks stalk global markets
South African investors should consider making hedge funds, which can generate positive returns even in market downturns, a crucial part of their portfolios given the uncertainties facing the global economy, according to Novare Holdings.
Black-owned Novare rapidly expands to other African markets
It started as a small pension funds advisory, but today, Rosebank-based financial services group Novare has become one of the fastest-growing black-owned and black-managed investment firms in SA.
Investment in manufacturing will grow pensions, jobs
South Africa is trapped in a low-growth loop, which would ordinarily make it challenging for institutional investors such as retirement funds to generate enough returns to grow their assets and adequately meet the needs of their clients when they go on pension.
Markets brace for a tough start to 2023
Financial market traders are likely to wake up in 2023 with all the financial headaches that couldn’t be shaken off this year, and it’s quite a hangover… So expect traders to hold their positions for the best part of the first half, market commentators said yesterday.
More rand weakness ahead as the gap for rate hikes narrows - Moneyweb
The rand could weaken substantially against the rampant dollar as the Federal Reserve (Fed) keeps increasing interest rates to tame red-hot inflation and South Africa’s economic growth stumbles.
JACOBUS BRINK: Get boots on the ground to invest in China with confidence
Local fund managers know the landscape, culture, companies and when potential changes are afoot
Op-ed: Just Transition to a Low Carbon Economy in Africa
One of the most topical issues occupying the minds of leaders in governments, policy makers, corporates and scenario planners alike in recent times must undoubtedly be the adverse effects of global warming.
Gaining trust in a conflicted investment industry starts with openness
While regulations govern how conflicts of interests between clients and financial services providers need to be managed, firms only have one choice: put the customer first, or eventually fail.
Novare builds EDGE certified Standard Chartered Bank headquarters in Zambia
Holdings Novare builds EDGE certified Standard Chartered Bank headquarters in Zambia premier African investment company, Novare Holdings Pty Ltd Novare , has recently completed a worldclass development.
5 key investment trends to watch in 2022
Digital technologies in general have enjoyed steady growth during 2021, gathering momentum which is likely to continue throughout 2022.
Leveraging alternative assets as a means to minimise downside investment risks
When most people think of investing, the first thing to come to mind is usually your traditional asset classes like stocks and bonds or even interest on cash savings. After all, these make up the bulk of virtually every investment portfolio domestically.
Novare bets on South African bonds as it awaits better equity opportunities
Novare Holdings favours South African bonds over equities as the manager of more than R40 billion ($2.7 billion) in assets prepares for share prices to drop before boosting its stock allocation.
Investors’ choice: Top reasons why the multi-manager fund model works
Even at the best of times, markets can be unpredictable. Sudden shifts and impact events aside, the entire market cycle in itself passes through different phases that make it virtually impossible for any single fund to unfailingly outperform in any single class or sector.
Investors urged to look abroad even as era of cheap money nears its end
Jacobus Brink, Head of Investments at Novare Holdings, encourages South African investors to stay the course on building an offshore portfolio as a buffer against mounting economic and political risks at home.
Hedge funds report sharp rise in assets under management
THE 2020 Novare South African Hedge Fund Survey (SAHFS) showed that the industry had seen a 16 percent increase in assets under management this year, despite historically unprecedented market volatility.
It was the largest year-on-year increase since 2010. Sixty-three asset managers, who manage over 141 uniquely mandated hedge funds in South Africa, with assets under management (AUM) in excess of R61.5 billion, responded to the survey.
Novare sponsors the 2021 Terroir Awards
Novare Investments, a subsidiary of Novare Holdings which is a premier African investment solutions provider, sponsors the 2021 Terroir Awards. The Novare South African Terroir Wine Awards is the brainchild of Marius Labuschagne, renowned wine writer and marketeer from Durbanville. The competition was created to define the various terroir types of the Cape.
The Novare Mayibentsha Moderate Qualified Fund of Hedge Funds scoops prize at the prestigious HedgeNews Africa awards 2020
Novare Investments, a subsidiary of Novare Holdings which is a premier African investment solutions provider, won the coveted Fund of Hedge Funds (FoHF) category at the annual HedgeNews Africa Awards 2020 digital ceremony, held on 4 March 2021.
Novare impact fund aims to raise R2bn over next year
Novare Impact Investment Partners, a subsidiary of financial services group Novare Holdings, plans to raise R2bn in capital for investments spanning the renewable energy, agriculture and manufacturing sectors.
Proposed amendments to Regulation 28 of the Pension Funds Act: what this means for workers’ pensions
Simply put, Regulation 28 of the Pension Funds Act governs the way managers of pension funds invest in various asset classes, to safeguard workers retirement savings against risky investments.
Novare sees growth in hedge fund assets
Against a backdrop of volatility in both the global and domestic capital markets, the latest Novare hedge fund survey shows that after two successive years of steady decline, the industry AUM has increased to R52.8 billion during the 12-month period to end-2019, constituting growth of 12%.
Protecting workers’ savings in scramble for infrastructure investment
Amidst a resurgence in the debate about whether retirement funds should invest more in infrastructure, it’s worth remembering that the first duty of funds and their trustees is to the members whose money they are tasked to protect and grow.
Downside risks remain for equities says Novare
Despite the recovery in share prices globally and in South Africa following the sharp sell-off in March, it is evident that significant downside risk remains due to muted consumer demand, distressed companies, and consensus of a global recession amidst no clear timeline for a return to normality.
Inflation falls to a 15-year low, but might not herald further interest rate cuts
As expected, inflation as measured by the consumer price index (CPI) fell again in May, reflecting the decline in fuel prices as well as the impact on the economy of lockdown measures introduced to curb the spread of Covid-19.
Significant downside risk remains in volatile equity markets
Despite the recovery in share prices globally and in South Africa following the sharp sell-off in March, it is evident that significant downside risk remains due to muted consumer demand, distressed companies, and consensus of a global recession amidst no clear timeline for a return to normality.
Expect wild swings in asset prices to continue on elevated market risk
As countries globally continue to count COVID-19 infection rates and mortality figures attributable to the pandemic, the elevated level of risk being experienced in financial markets may be sustained for periods longer that initially envisaged - leaving investors vulnerable to volatility and implying that decisions to enter or exit markets might be postponed until more stable conditions return.
Prepare for resurgent property markets in Africa
Despite current circumstances - dominated by the human and economic cost of Covid-19 - the African real estate investment cycle will return to its long-term trajectory of accelerated development, driven by economic fundamentals and demographics.
Monetary policy response to mitigate Covid-19 leaves pensioners in the lurch
While recent interest rate cuts have been welcomed by business and cash-strapped consumers whose debt will cost less, pensioners dependent on interest earned from savings will suffer a significant decline in income - especially with further rate cuts on the cards.
Novare blog
Statement of Commitment for EDGE Champions
Novare Equity Partners (Pty) Ltd is partnering with the International Finance Corporation (IFC), the private sector arm of the World Bank Group, on accelerating the adoption of green building practices through the promotion of voluntary green building certification programs based on the EDGE (“Excellence in Design for Greater Efficiencies”) software, standard, and certification system. Novare…
Making an Impact
The climate keeps changing, and as we celebrated Earth Day this weekend, we can reflect on adapting our behaviour for a sustainable future. At Novare, we realised that we have the power to make a difference in our world, and we have done just that. Starting an impact investment fund was one example of our…
Black-owned Novare rapidly expands to other African markets
It started as a small pension funds advisory, but today, Rosebank-based financial services group Novare has become one of the fastest-growing black-owned and black-managed investment firms in SA. It has more than R150 billion in assets under advice, over R10 billion of property assets in Nigeria, Zambia and Mozambique, and is seeking to raise an…
PENSION FUNDS CAN UPLIFT AND PROFIT FROM INVESTING IN SA MANUFACTURING
South Africa’s faltering manufacturing industry can create jobs and raise exports, providing a much-needed boost to the economy that will ensure sustainable returns for retirement funds. South Africa’s economy is trapped in a low-growth loop, which would ordinarily make it challenging for institutional investors like retirement funds to generate enough returns to grow their assets…
ASSISTANT ACCOUNTANT
Location: Bellville, Cape Town Company: Novare Holdings Department: Finance – 5 months Fixed Term Contract Job Overview: Report directly to 3 Financial Managers and indirectly to Head of Finance. Complete the accounting function to the trail balance, that includes processing bank account statements on Pastel, reconcile the cashbook. Assist with month end submissions and reports.…
NOVARE EMPLOYEES LEND A HELPING HAND TO KZN FLOOD VICTIMS
“There can be no greater gift than that of giving one’s time and energy to helping others without expecting anything in return.” – Nelson R. Mandela Novare staff were amongst the many South Africans who watched on the news as people and families in KwaZulu-Natal were severely affected by a natural disaster of flooding. Severe…
GAINING TRUST IN A CONFLICTED INVESTMENT INDUSTRY STARTS WITH OPENNESS
While regulations govern how conflicts of interests between clients and financial-services providers need to be managed, firms only have one choice: Put the customer first, or eventually fail, writes Ola Leepile, CEO of Novare Holdings. The financial services industry is a hotbed of inherent self-interests that constantly pit clients’ needs against those of the business.…
LEVERAGING ALTERNATIVE ASSETS AS A MEANS TO MINIMISE DOWNSIDE INVESTMENT RISKS
When most people think of investing, the first thing to come to mind is usually your traditional asset classes like stocks and bonds or even interest on cash savings. After all, these make up the bulk of virtually every investment portfolio domestically. Beyond these, however, more and more investors are shifting the balance of their…
NOVARE BETS ON SOUTH AFRICAN BONDS AS IT AWAITS BETTER EQUITY OPPORTUNITIES
Novare Holdings favours South African bonds over equities as the manager of more than R40 billion ($2.7 billion) in assets prepares for share prices to drop before boosting its stock allocation. Domestic bond prices have plunged over the past two years, with yields on the government’s 10-year securities climbing one percentage point higher to 9.56%,…
5 KEY INVESTMENT TRENDS TO WATCH IN 2022
There’s no doubt that investing remains one of the best ways to preserve and create wealth in the modern age, but that nevertheless comes with the proviso that what one chooses to invest in has to be wisely chosen. It’s no surprise then that for 2022, the market will continue to be heavily influenced by…
INVESTORS URGED TO LOOK ABROAD EVEN AS ERA OF CHEAP MONEY NEARS ITS END
Jacobus Brink, Head of Investments at Novare Holdings, encourages South African investors to stay the course on building an offshore portfolio as a buffer against mounting economic and political risks at home. A deep sense of angst has gripped international markets as the Federal Reserve and other major central banks consider gradually unwinding stimulus measures…
PLAYING THE VOLATILE RAND TO BUILD A SUSTAINABLE OFFSHORE ESG PORTFOLIO
Jacobus Brink, head of investments at Novare Holdings, looks at how investors can use the rand’s gains this year to build a global ESG portfolio and benefit from an upsurge in demand for sustainable assets The rand’s rally to a two-year high earlier this year was reason enough for investors to move more money abroad.…
How impact investing can help reverse losses in the battle against inequality
Benedict Mongalo, the managing director of Novare Impact Investment Partners, looks at how impact investing can make the world a better place and provide returns. For all the noise against rising poverty, hunger and unemployment, the numbers are still going the wrong way. Yet, the world is awash with cash following unprecedented stimulus that spurred…
THE NOVARE MAYIBENTSHA MODERATE QUALIFIED FUND OF HEDGE FUNDS SCOOPS PRIZE AT THE PRESTIGIOUS HEDGENEWS AFRICA AWARDS 2020
Novare Investments, a subsidiary of Novare Holdings which is a premier African investment solutions provider, won the coveted Fund of Hedge Funds (FoHF) category at the annual HedgeNews Africa Awards 2020 digital ceremony, held on 4 March 2021. The flagship Novare Mayibentsha Moderate Qualified FoHF is a qualified investor fund which was originally established in…
The Novare Mayibentsha Moderate Qualified Fund of Hedge Funds scoops prize at the prestigious Hedgenews africa Awards 2020
Novare Investments, a subsidiary of Novare Holdings which is a premier African investment solutions provider, won the coveted Fund of Hedge Funds (FoHF) category at the annual HedgeNews Africa Awards 2020 digital ceremony, held on 4 March 2021. The flagship Novare Mayibentsha Moderate Qualified FoHF is a qualified investor fund which was originally established in…
GAINING TRUST IN A CONFLICTED INVESTMENT INDUSTRY STARTS WITH OPENNESS
While regulations govern how conflicts of interests between clients and financial-services providers need to be managed, firms only have one choice: Put the customer first, or eventually fail, writes Ola Leepile, CEO of Novare Holdings. The financial services industry is a hotbed of inherent self-interests that constantly pit clients’ needs against those of the business.…
LEVERAGING ALTERNATIVE ASSETS AS A MEANS TO MINIMISE DOWNSIDE INVESTMENT RISKS
When most people think of investing, the first thing to come to mind is usually your traditional asset classes like stocks and bonds or even interest on cash savings. After all, these make up the bulk of virtually every investment portfolio domestically. Beyond these, however, more and more investors are shifting the balance of their…
NOVARE BETS ON SOUTH AFRICAN BONDS AS IT AWAITS BETTER EQUITY OPPORTUNITIES
Novare Holdings favours South African bonds over equities as the manager of more than R40 billion ($2.7 billion) in assets prepares for share prices to drop before boosting its stock allocation. Domestic bond prices have plunged over the past two years, with yields on the government’s 10-year securities climbing one percentage point higher to 9.56%,…
5 KEY INVESTMENT TRENDS TO WATCH IN 2022
There’s no doubt that investing remains one of the best ways to preserve and create wealth in the modern age, but that nevertheless comes with the proviso that what one chooses to invest in has to be wisely chosen. It’s no surprise then that for 2022, the market will continue to be heavily influenced by…
INVESTORS URGED TO LOOK ABROAD EVEN AS ERA OF CHEAP MONEY NEARS ITS END
Jacobus Brink, Head of Investments at Novare Holdings, encourages South African investors to stay the course on building an offshore portfolio as a buffer against mounting economic and political risks at home. A deep sense of angst has gripped international markets as the Federal Reserve and other major central banks consider gradually unwinding stimulus measures…
PLAYING THE VOLATILE RAND TO BUILD A SUSTAINABLE OFFSHORE ESG PORTFOLIO
Jacobus Brink, head of investments at Novare Holdings, looks at how investors can use the rand’s gains this year to build a global ESG portfolio and benefit from an upsurge in demand for sustainable assets The rand’s rally to a two-year high earlier this year was reason enough for investors to move more money abroad.…
How impact investing can help reverse losses in the battle against inequality
Benedict Mongalo, the managing director of Novare Impact Investment Partners, looks at how impact investing can make the world a better place and provide returns. For all the noise against rising poverty, hunger and unemployment, the numbers are still going the wrong way. Yet, the world is awash with cash following unprecedented stimulus that spurred…
THE NOVARE MAYIBENTSHA MODERATE QUALIFIED FUND OF HEDGE FUNDS SCOOPS PRIZE AT THE PRESTIGIOUS HEDGENEWS AFRICA AWARDS 2020
Novare Investments, a subsidiary of Novare Holdings which is a premier African investment solutions provider, won the coveted Fund of Hedge Funds (FoHF) category at the annual HedgeNews Africa Awards 2020 digital ceremony, held on 4 March 2021. The flagship Novare Mayibentsha Moderate Qualified FoHF is a qualified investor fund which was originally established in…
The Novare Mayibentsha Moderate Qualified Fund of Hedge Funds scoops prize at the prestigious Hedgenews africa Awards 2020
Novare Investments, a subsidiary of Novare Holdings which is a premier African investment solutions provider, won the coveted Fund of Hedge Funds (FoHF) category at the annual HedgeNews Africa Awards 2020 digital ceremony, held on 4 March 2021. The flagship Novare Mayibentsha Moderate Qualified FoHF is a qualified investor fund which was originally established in…
WHY EVERY INVESTOR SHOULD THINK ABOUT ADDING OFFSHORE INVESTMENTS TO THEIR PORTFOLIO
25 April 2016 The recent volatility of the rand, with experts predicting further weakness, as well as extended low growth in local markets, has led many investors to cast their eyes offshore. No investment should be made on sentiment or emotion alone, so what exactly constitutes a considered approach to offshore investing? “Short-term currency fluctuations…
HEDGE FUND MYTHS BUSTED
23 November 2016 Despite the misconception that hedge funds are risky investments, South African-based funds are in fact relatively conservative. Interestingly, many South African investors still perceive hedge funds as the riskier investment when compared to other more traditional and more familiar investment vehicles/ strategies. According to the Alternative Investment Management Association (AIMA), proof points…
THE BENEFIT OF HEDGE FUNDS IN AN INSTITUTIONAL PORTFOLIO
22 March 2016 Hedge funds are some of the most misunderstood investment funds in the asset management industry. This is due to certain misconceptions which include alternative tools available to hedge fund managers and certain operational failures which would be labeled as hedge fund failures blowouts, these funds are perceived as risky with little investor…
THE EVOLUTION OF THE SOUTH AFRICAN HEDGE FUND INDUSTRY AND WHAT IT MEANS TO FINALLY BE REGULATED
2 March 2016 The first hedge fund was founded by Alfred Winslow Jones in 1949 upon realising that he could effectively use two tools – short selling and leveraging – to protect his portfolio of shares in a falling market. Since then, the global hedge fund industry grew in magnitude and now encompasses multiple strategies…
NOVARE LAUNCHES SOUTH AFRICA’S FIRST RETAIL HEDGE FUND
2 February 2016 Independent investment pioneers, Novare, is proud to announce the launch of South Africa’s first retail fund of hedge funds product. While hedge funds were previously only available to institutional investors, Novare now offers access to financial advisors and individual investors. Eugene Visagie, Head of Hedge Fund Investments at Novare says that this…
NOVARE INVESTMENTS RATED BEST MULTI-MANAGER IN SOUTH AFRICA
Novare Investments, the independent multi-manager, was recently voted the Best Multi-Manager Fund Provider in South Africa at Global Fund Awards 2015 in London. The Global Fund Awards is an international awards program, sponsored by Barclay Hedge and the Isle of Man Fund Association that recognises fund performance and excellence in global financial services. The awards…