ClucasGray Equity Prescient Fund | BizNews Interview with Alec Hogg

Andrew Vintcent speaks to Alec Hogg of BizNews on an array of topics concerning South Africa’s businesses, stocks, bond yields and the general economic market going forward. Andrew discusses the Equity Prescient Fund’s recent success, which he attributes to favourable market conditions and the fund’s ability to achieve alpha. He also comments on the performance of South African equities, acknowledging the dominance of large companies and the challenges of outperforming over during market downturns. Andrew believes that fixed capital investment and growth in renewables are key to addressing some of South Africa’s issues and highlights a mature company that has been able to reinvest in renewables. He suggests that many SA Inc. companies are undervalued and have the potential to deliver real earnings growth, with starting and dividend yields being high. Andrew believes that if the overall economic backdrop remains stable, these companies have the potential for a rerating, which he views as long overdue.