Novare in the News and Press Releases

Novare news

Novare impact fund aims to raise R2bn over next year

NNovare 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.

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.

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.

The Reserve Bank eases monetary policy again to support growth

SA Reserve Bank Governor, Lesetja Kganyago, announced this afternoon that the monetary policy committee (MPC) had decided to maintain its accommodative stance by lowering the repo rate by an additional 25 basis points (bps) to a record low of 3.50%.

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%.

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.

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.

Finding value in SA’s 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.

Novare finishes construction at Twin Palms mall in Zambia

South Africa-based private equity group Novare Equity Partners on Wednesday announced that the second phase of the Novare Twin Palms mall, in Zambia, has opened for business. The mall now has 12 000 m2 of prime retail space.

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.

Expect wild swings in asset prices to continue

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

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…