Prescient Investment Management

BY: CONWAY WILLIAMS, HEAD OF CREDIT AT PRESCIENT INVESTMENT MANAGEMENT

Corruption, a skills gap, fragmented planning and coordination and political stability stand in the way of infrastructure reaching its potential in driving economic progress and societal advancement across Africa. The pervasive mismanagement of infrastructure projects across the continent, and South Africa as a regional economic powerhouse, has far-reaching consequences for the continent, impeding economic growth, social development, and sustainable progress.

BY HANNAH DE NOBREGA, QUANTITATIVE ANALYST AT PRESCIENT INVESTMENT MANAGEMENT

It is difficult to assess what an expanded Brazil, Russia, India, China, and South Africa (BRICS) grouping will mean for South African trade fortunes and broader economy amid the shifting global power dynamics between North and South, East, and West. However, there are several advantages that could be harnessed, all going well, including improving access to funds, and fostering collaboration across the member countries in developing infrastructure and industrialising.

BY: MICHELLE GREEN, CREDIT ANALYST AND CHAIR OF ESG COMMITTEE AT PRESCIENT INVESTMENT
MANAGMENT

Last week the Cabinet approved a new State-Owned Enterprise (SOE) plan, which will lay the basis for private equity investment in state companies and listings on the stock exchange. It has already stirred significant debate and discussion – and rightly so, because full or partial privatisation by countries around the world has been met with mixed success.

By: Conway Williams, Head of Credit at Prescient Investment Management 

South Africa has taken great strides in deploying private sector capital into renewable energy projects, giving the 
chance at improving energy resilience and combatting climate change. But 2024’s twin challenges are expanding the 
the national power grid and making significant advancements in energy storage technologies

Author: Conway Williams – Head of Credit – Prescient Investment Management

Renowned finance professor Aswath Damodaran, from Stern School of Business wrote an opinion piece for the Financial Times late last year, where he asserted: “Born in sanctimony, nurtured with hypocrisy and sold with sophistry, ESG grew unchallenged for a decade, but it is now facing a mountain of troubles, almost all of them of its own making.”

Income-focused investors, stockbrokers and financial advisors have a new tool to consider when constructing portfolios following the listing of the Prescient Income Provider Feeder Actively Managed ETF (AMETF) on the Johannesburg Stock Exchange (JSE) on 8 December 2023.