In April 2024, the average prudential balanced portfolio returned 1.0% (March 2024: 1.3%). The top performer is Ninety One Managed Fund, with 1.6%, while Allan Gray Balanced Fund, with 0.3%, takes the bottom spot. Namibia Coronation Balanced Fund took the top spot for the three months, outperforming the ‘average’ by roughly 1.3%. Lebela Balanced Fund underperformed the ‘average’ by 1.5% on the other end of the scale. Note that these returns are before (gross of) asset management fees.

The Monthly Review of Portfolio Performance to 30 April 2024 reviews portfolio performances and provides insightful analyses.

Africa’s role in the emerging global conflict: Implications and strategies for Namibia and Africa

The world is teetering on the brink of a potentially devastating conflict as the geopolitical landscape shifts from a unipolar world dominated by the United States to a multipolar world championed by Russia, China, and the other BRICS countries. The Ukraine conflict and tensions in the South China Sea are manifestations of this struggle, with the US seeking to contain and wear down Russia and China’s economic and military capabilities to preserve its hegemony. As these global powers jockey for position, Africa, specifically Namibia, will inevitably be drawn into the fray. This article explores how the impending global conflict might affect Africa, specifically Namibia…

Read on in paragraph 6 of the Monthly Review of Portfolio Performance to 30 April 2024. It also reviews portfolio performances and provides insightful analyses