https://www.spreaker.com/podcast/allan-gray-podcast--6035331enInvestingCopyright Allan Gray Podcastshttps://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/f79f12e021c8095df88dce64fad09b4c.jpghttps://www.spreaker.com/podcast/allan-gray-podcast--6035331Wed, 07 Oct 2026 09:50:13 +0000Allan Gray PodcastsAllan Gray Podcastsallangraypodcasts@gmail.comLong-term investors have to make sense of a barrage of information, from market movements and geopolitical news to economic developments and personal finance trends. Through conversations with investment professionals from Allan Gray and various...false9c917192-65aa-5faa-949b-cde211170ddeepisodichttps://www.spreaker.com/episode/beyond-the-hit-rate-making-the-best-investment-ideas-count--75593172Allan Gray website

]]>substack:post:218933831Mon, 05 Oct 2026 13:29:36 +0000Allan Gray PodcastsSuccessful investing is often associated with making perfect decisions, yet even the most accomplished investors can be wrong from time to time. Long-term investment outcomes are driven less by perfection and more by ensuring that the best ideas are...Allan Gray website

]]>2139falsefullhttps://www.spreaker.com/episode/new-tools-old-habits-investing-in-the-age-of-ai--75593192Allan Gray Podcast, Allan Gray Institutional Clients manager Horacia Naidoo-McCarthy and Simon Skinner, director and head of Orbis’ Global Investment team, discuss the impact of AI on investing and market behaviour, the risks of false certainty and the enduring value of independent thinking.


]]>substack:post:211014398Thu, 13 Aug 2026 09:45:38 +0000Allan Gray PodcastsArtificial intelligence is transforming the way investors access information and make decisions, yet the forces that drive markets remain remarkably familiar. In this episode of The https://iono.fm/c/7306, https://www.allangray.co.za/ Institutional...Allan Gray Podcast, Allan Gray Institutional Clients manager Horacia Naidoo-McCarthy and Simon Skinner, director and head of Orbis’ Global Investment team, discuss the impact of AI on investing and market behaviour, the risks of false certainty and the enduring value of independent thinking.


]]>2753falsefullhttps://www.spreaker.com/episode/needles-in-a-haystack-finding-the-compounders-that-drive-long-term-equity-returns--75593181long-term investment equity market returns, identifying them is far more difficult than it appears in hindsight. In this episode of The Allan Gray Podcast, portfolio managers Siphesihle Zwane, Jithen Pillay and Pieter Koornhof discuss how Allan Gray searches for businesses with the potential to compound value over long periods of time. They explore why a great business is not always a great investment, what characteristics underpin enduring businesses, and why some of the best buying opportunities emerge during periods of uncertainty.

]]>substack:post:211010522Thu, 13 Aug 2026 09:22:03 +0000Allan Gray PodcastsFinding long-term compounders can feel a little like searching for a needle in a haystack. While a small number of businesses generate a disproportionate share of https://www.allangray.co.za/equity market returns, identifying them is far more...long-term investment equity market returns, identifying them is far more difficult than it appears in hindsight. In this episode of The Allan Gray Podcast, portfolio managers Siphesihle Zwane, Jithen Pillay and Pieter Koornhof discuss how Allan Gray searches for businesses with the potential to compound value over long periods of time. They explore why a great business is not always a great investment, what characteristics underpin enduring businesses, and why some of the best buying opportunities emerge during periods of uncertainty.

]]>3674falsefullhttps://www.spreaker.com/episode/the-cost-of-chasing-perfection-when-investing-with-dr-thomas-curran--75593191long-term investment outcomes. Their conversation ranges from burnout and analysis paralysis to the hidden cost of chasing short-term gains. They also delve into the difference between perfection and excellence, the role of behavioural bias in investing, and the value of cultivating self-compassion and working towards realistic goals. Allan Gray website >


]]>substack:post:187610415Wed, 11 Feb 2026 09:16:14 +0000Allan Gray PodcastsIs perfectionism costing us more than we realise in mental health, life and investment decision-making? Our head of Group Savings and Investments, Shaheed Mohamed, and Dr Thomas Curran, a leading academic on perfectionism and bestselling author,...long-term investment outcomes. Their conversation ranges from burnout and analysis paralysis to the hidden cost of chasing short-term gains. They also delve into the difference between perfection and excellence, the role of behavioural bias in investing, and the value of cultivating self-compassion and working towards realistic goals. Allan Gray website >


]]>2065falsefullhttps://www.spreaker.com/episode/investment-ideas-that-make-us-go-hmmm-with-grant-williams--75593197investing may not work for the next 40, history offers valuable lessons for the path ahead. Chief investment officer Duncan Artus and renowned author and publisher Grant Williams unpick past events and explore future opportunities. From Japan’s decades-long battle with deflation and the unique opportunities in its bond market to the rise of gold as a counterweight to fiat currency, they reflect on market cycles across regions and eras. The conversation spans geopolitics and power, inflation, disruptor industries and the slow pivot from virtual to virtuous value. Check out our website https://www.allangray.co.za/ for more details or follow the link to the youtube podcast here >

]]>substack:post:187610284Wed, 11 Feb 2026 09:14:02 +0000Allan Gray PodcastsWhile what worked for the last 40 years of https://www.allangray.co.za/ may not work for the next 40, history offers valuable lessons for the path ahead. Chief investment officer Duncan Artus and renowned author and publisher Grant Williams unpick...investing may not work for the next 40, history offers valuable lessons for the path ahead. Chief investment officer Duncan Artus and renowned author and publisher Grant Williams unpick past events and explore future opportunities. From Japan’s decades-long battle with deflation and the unique opportunities in its bond market to the rise of gold as a counterweight to fiat currency, they reflect on market cycles across regions and eras. The conversation spans geopolitics and power, inflation, disruptor industries and the slow pivot from virtual to virtuous value. Check out our website https://www.allangray.co.za/ for more details or follow the link to the youtube podcast here >

]]>2642falsefullhttps://www.spreaker.com/episode/separating-the-numbers-from-the-narratives--75593175https://www.allangray.co.za/

]]>substack:post:187371155Mon, 09 Feb 2026 09:05:21 +0000Allan Gray PodcastsThere is often a great disparity between a stock’s market value and what it is fundamentally worth. In conversation with portfolio manager Rory Kutisker-Jacobson, Mark Dunley-Owen, portfolio manager from our offshore partner, Orbis, explores global...https://www.allangray.co.za/

]]>2453falsefullhttps://www.spreaker.com/episode/from-pints-to-pixar--75593180Allan Gray portfolio managers Rory Kutisker-Jacobson, Jithen Pillay and Siphesihle Zwane delve into British American Tobacco, AB InBev and Disney – three large, long-standing businesses that have managed to reinvent themselves despite existing within rapidly evolving industries, experiencing major changes in their core economics and having made major acquisitions in recent times.

]]>substack:post:187371072Mon, 09 Feb 2026 09:01:29 +0000Allan Gray PodcastsShifting consumer patterns and behaviour. Disruptive innovations. Generational changes. These are not simply headlines; they are real challenges being navigated by investors. However, that is not all they are. They are also opportunity creators for...Allan Gray portfolio managers Rory Kutisker-Jacobson, Jithen Pillay and Siphesihle Zwane delve into British American Tobacco, AB InBev and Disney – three large, long-standing businesses that have managed to reinvent themselves despite existing within rapidly evolving industries, experiencing major changes in their core economics and having made major acquisitions in recent times.

]]>2756falsefullhttps://www.spreaker.com/episode/are-global-investors-dependent-on-great-expectations--75593178https://www.allangray.co.za/latest-insights/offshore-investing/the-conflict-between-price-and-fundamentals & https://www.allangray.co.za/

]]>substack:post:187370986Mon, 09 Feb 2026 08:59:50 +0000Allan Gray PodcastsGlobal investors have been on a rollercoaster ride in the wake of President Trump’s announcement of an array of reciprocal tariffs which rocked global stock markets, initially sending US shares tumbling and then rebounding as investors hung onto news...https://www.allangray.co.za/latest-insights/offshore-investing/the-conflict-between-price-and-fundamentals & https://www.allangray.co.za/

]]>3117falsefullhttps://www.spreaker.com/episode/sa-listed-property-the-appeal-of-fixed-assets-in-an-uncertain-world--75593190Allan Gray website


]]>substack:post:187370797Mon, 09 Feb 2026 08:58:09 +0000Allan Gray PodcastsSouth African listed property has shifted from being a leading wealth creator in the early 2000s to one of the weakest performers over the past decade on the back of sluggish economic growth, ongoing infrastructure challenges and the impact of...Allan Gray website


]]>3198falsefullhttps://www.spreaker.com/episode/how-the-great-election-year-has-shaped-financial-markets--64601779long-term investors and how it effects retirement funds etc.]]>https://api.spreaker.com/episode/64601779Thu, 27 Feb 2025 11:10:32 +0000Allan Gray PodcastsGlobal elections have been a dominant force this year, with sentiment around polling and election results driving volatility in many markets. The ANC’s drastic decline at the polls and the formation of a government of national unity have been of keen...long-term investors and how it effects retirement funds etc.]]>3012falsefullhttps://www.spreaker.com/episode/two-pot-how-to-achieve-better-retirement-outcomes--64601739two-pot retirement system has been designed to improve retirement outcomes for South Africans, while allowing some access to retirement savings in case of severe financial stress. However, there are some hidden risks that investors should be aware of to ensure they don’t inadvertently offset its intended benefits. Richard Carter, head of Assurance, is joined by Shaun Duddy, head of Product Development, to explore what the new rules mean for investors and their retirement planning. In this conversation, they explain the complexities, clear up common misconceptions and highlight the missteps investors should avoid to achieve better results.]]>https://api.spreaker.com/episode/64601739Thu, 27 Feb 2025 10:39:21 +0000Allan Gray PodcastsThe new https://www.allangray.co.za/two-pot-retirement-system-info-hub/ has been designed to improve retirement outcomes for South Africans, while allowing some access to https://www.allangray.co.za/what-we-offer/retirement/ in case of severe...two-pot retirement system has been designed to improve retirement outcomes for South Africans, while allowing some access to retirement savings in case of severe financial stress. However, there are some hidden risks that investors should be aware of to ensure they don’t inadvertently offset its intended benefits. Richard Carter, head of Assurance, is joined by Shaun Duddy, head of Product Development, to explore what the new rules mean for investors and their retirement planning. In this conversation, they explain the complexities, clear up common misconceptions and highlight the missteps investors should avoid to achieve better results.]]>2430falsefullhttps://www.spreaker.com/episode/building-multi-asset-portfolios-in-an-uncertain-world--64601482In conversation with Orbis portfolio manager Alec Cutler, Nshalati Hlungwane, a manager in our Institutional Clients team, explores the global investment universe and finds out how Orbis is thinking about its multi-asset strategies in the current environment. From saving for education to offshore investing and beyond.]]>https://api.spreaker.com/episode/64601482Thu, 27 Feb 2025 10:34:18 +0000Allan Gray PodcastsPeriods of heightened uncertainty are inevitable when you are investing over the long term. And when it is not clear when or how things might change, multi-asset portfolio construction becomes an increasingly complex task. For some time, our offshore...In conversation with Orbis portfolio manager Alec Cutler, Nshalati Hlungwane, a manager in our Institutional Clients team, explores the global investment universe and finds out how Orbis is thinking about its multi-asset strategies in the current environment. From saving for education to offshore investing and beyond.]]>3241falsefullhttps://www.spreaker.com/episode/investment-notes-from-the-frontier--64600930Investors in the Allan Gray Balanced, Equity and Stable funds have some exposure to frontier markets, but those with a greater risk appetite are also able to invest in the Allan Gray Frontier Markets Equity Fund. In conversation with Grant Pitt, head of Institutional, portfolio managers Rory Kutisker-Jacobson and Varshan Maharaj discuss the themes shaping frontier markets and explain how they navigate the risks as they pursue long-term returns.]]>https://api.spreaker.com/episode/64600930Thu, 27 Feb 2025 10:27:36 +0000Allan Gray PodcastsInvesting in frontier markets is not for the faint-hearted. But for those brave enough to look beyond material risks, such as political instability, currency fluctuations and poor liquidity, many of these smaller markets provide fertile hunting ground...Investors in the Allan Gray Balanced, Equity and Stable funds have some exposure to frontier markets, but those with a greater risk appetite are also able to invest in the Allan Gray Frontier Markets Equity Fund. In conversation with Grant Pitt, head of Institutional, portfolio managers Rory Kutisker-Jacobson and Varshan Maharaj discuss the themes shaping frontier markets and explain how they navigate the risks as they pursue long-term returns.]]>3004falsefullhttps://www.spreaker.com/episode/trends-shaping-the-future-of-investment-management--64600380investments opportunities going into 2025]]>https://api.spreaker.com/episode/64600380Thu, 27 Feb 2025 09:35:43 +0000Allan Gray PodcastsThe commonly accepted wisdom is that if we want a glimpse into the future of South Africa’s financial services sector, we should take a look at the United Kingdom’s financial landscape and delay the experience by a few years. In this conversation, Dan...investments opportunities going into 2025]]>3004falsefullhttps://www.spreaker.com/episode/24-how-money-tells-the-story-of-humanity-with-david-mcwilliams--75593206Allan Gray website · Allan Gray | Could 2025 be the most consequential year in our lifetime?


]]>https://iono.fm/e/1526408Tue, 11 Feb 2025 10:52:00 +0000Allan Gray PodcastsMany investors focus on trying to figure out how new technologies might change the world so that they can identify and back the likely winners. But according to renowned Irish economist and bestselling author David McWilliams, the greatest, enduring...Allan Gray website · Allan Gray | Could 2025 be the most consequential year in our lifetime?


]]>2777falsefullhttps://www.spreaker.com/episode/23-beyond-the-us-separating-the-signals-from-the-noise--75593185Allan Gray website


]]>https://iono.fm/e/1503908Tue, 19 Nov 2024 10:54:00 +0000Allan Gray PodcastsThe US has dominated global news flow in the wake of the presidential election, and market-moving headlines continue to present the temptation to act on impulse. As investors who focus on the fundamentals, the “great election year” has challenged...Allan Gray website


]]>3021falsefullhttps://www.spreaker.com/episode/22-a-revival-for-south-africa-s-retail-giants--75593205Allan Gray website · Rate-cutting cycle kicks off


]]>https://iono.fm/e/1494653Tue, 22 Oct 2024 12:49:00 +0000Allan Gray PodcastsAs sentiment towards the South African economy improves following the formation of the government of national unity, some of the major retailers are seeing improved share performance. Lower oil prices, extended periods of uninterrupted power supply...Allan Gray website · Rate-cutting cycle kicks off


]]>3163falsefullhttps://www.spreaker.com/episode/21-how-the-great-election-year-has-shaped-financial-markets--75593194Allan Gray | Unit Trusts · Introducing the Allan Gray Interest Fund and the Allan Gray Income Fund


]]>https://iono.fm/e/1483611Wed, 18 Sep 2024 10:13:00 +0000Allan Gray PodcastsGlobal elections have been a dominant force this year, with sentiment around polling and election results driving volatility in many markets. The ANC’s drastic decline at the polls and the formation of a government of national unity have been of keen...Allan Gray | Unit Trusts · Introducing the Allan Gray Interest Fund and the Allan Gray Income Fund


]]>3012falsefullhttps://www.spreaker.com/episode/20-two-pot-how-to-achieve-better-retirement-outcomes--75593199Two-pot retirement system


]]>https://iono.fm/e/1467779Mon, 05 Aug 2024 14:40:00 +0000Allan Gray PodcastsThe new two-pot retirement system has been designed to improve retirement outcomes for South Africans, while allowing some access to retirement savings in case of severe financial stress. However, there are some hidden risks that investors should be...Two-pot retirement system


]]>2430falsefullhttps://www.spreaker.com/episode/19-building-multi-asset-portfolios-in-an-uncertain-world--75593212


In conversation with Orbis portfolio manager Alec Cutler, Nshalati Hlungwane, a manager in our Institutional Clients team, explores the global investment universe and finds out how Orbis is thinking about its multi-asset strategies in the current environment. Allan Gray website · Orbis Global Balanced: Investing through the cycles


]]>https://iono.fm/e/1454788Wed, 26 Jun 2024 09:57:00 +0000Allan Gray PodcastsPeriods of heightened uncertainty are inevitable when you are investing over the long term. And when it is not clear when or how things might change, multi-asset portfolio construction becomes an increasingly complex task. For some time, our offshore...


In conversation with Orbis portfolio manager Alec Cutler, Nshalati Hlungwane, a manager in our Institutional Clients team, explores the global investment universe and finds out how Orbis is thinking about its multi-asset strategies in the current environment. Allan Gray website · Orbis Global Balanced: Investing through the cycles


]]>3241falsefullhttps://www.spreaker.com/episode/18-investment-notes-from-the-frontier--75593201Frontier markets: Innovative industry leaders drive returns


]]>https://iono.fm/e/1442441Fri, 17 May 2024 10:18:00 +0000Allan Gray PodcastsInvesting in frontier markets is not for the faint-hearted. But for those brave enough to look beyond material risks, such as political instability, currency fluctuations and poor liquidity, many of these smaller markets provide fertile hunting ground...Frontier markets: Innovative industry leaders drive returns


]]>3004falsefullhttps://www.spreaker.com/episode/17-trends-shaping-the-future-of-investment-management--75593219Allan Gray website · 50 years of investing in an evolving ecosystem


]]>https://iono.fm/e/1422604Fri, 05 Apr 2024 15:10:00 +0000Allan Gray PodcastsThe commonly accepted wisdom is that if we want a glimpse into the future of South Africa’s financial services sector, we should take a look at the United Kingdom’s financial landscape and delay the experience by a few years. In this conversation, Dan...Allan Gray website · 50 years of investing in an evolving ecosystem


]]>2517falsefullhttps://www.spreaker.com/episode/16-timeless-lessons-on-risk-opportunity-and-living-a-good-life-with-morgan-housel--75593210Allan Gray website


]]>https://iono.fm/e/1405378Mon, 12 Feb 2024 14:05:00 +0000Allan Gray PodcastsWith 2024 set to be a news-heavy year, investors are speculating about everything from what interest rates might do next, to the outcome of elections around the world. Given the levels of uncertainty, many are finding it hard to avoid panicking and...Allan Gray website


]]>3226falsefullhttps://www.spreaker.com/episode/15-holding-steady-when-global-markets-are-in-flux--75593214


In this episode, Radhesen Naidoo, Allan Gray’s joint head of Institutional Clients and the client-servicing lead for Orbis in South Africa, hosts Orbis portfolio managers Alec Cutler and Ben Preston. As they move through world markets, they highlight many of the exciting opportunities for patient investors and explain how Orbis’s Global Equity and Global Balanced strategies differ in their approaches. Offshore investing · The magnificent middle · Orbis: Navigating market change


]]>https://iono.fm/e/1389554Tue, 12 Dec 2023 15:12:00 +0000Allan Gray PodcastsThe Investment teams at Allan Gray and Orbis have both been talking about the huge disparities in global valuations for some time. There are pockets of the market that are incredibly cheap, but many of the most popular regions and sectors are...


In this episode, Radhesen Naidoo, Allan Gray’s joint head of Institutional Clients and the client-servicing lead for Orbis in South Africa, hosts Orbis portfolio managers Alec Cutler and Ben Preston. As they move through world markets, they highlight many of the exciting opportunities for patient investors and explain how Orbis’s Global Equity and Global Balanced strategies differ in their approaches. Offshore investing · The magnificent middle · Orbis: Navigating market change


]]>3098falsefullhttps://www.spreaker.com/episode/how-to-think-about-investing-in-an-energy-short-and-volatile-world--57982591Allan Gray podcast, Tamryn Lamb hosts a conversation with Allan Gray’s chief investment officer, Duncan Artus, and Alec Cutler, portfolio manager at our offshore partner, Orbis. Delving into many of the critical issues shaping the environment, they explain how they are thinking about these global events and positioning the portfolios for a range of potential outcomes.]]>https://api.spreaker.com/episode/57982591Tue, 12 Dec 2023 10:00:08 +0000Allan Gray PodcastsFrom the global technology stock sell-off and rising inflation, to the war in Ukraine exacerbating a global energy crisis, investors are tasked with navigating an increasingly complex and volatile environment. In the first episode of the...Allan Gray podcast, Tamryn Lamb hosts a conversation with Allan Gray’s chief investment officer, Duncan Artus, and Alec Cutler, portfolio manager at our offshore partner, Orbis. Delving into many of the critical issues shaping the environment, they explain how they are thinking about these global events and positioning the portfolios for a range of potential outcomes.]]>3665falsefullhttps://www.spreaker.com/episode/can-optimism-rise-from-the-inflationary-ashes--57982562Allan Gray portfolio manager Thalia Petousis, Sandy reflects on the very real geopolitical and economic challenges currently affecting the world. Taking us through a range of scenarios, he shares some important lessons from the past and looks to the future, reminding long-term investors that periods of strife often present opportunities.]]>https://api.spreaker.com/episode/57982562Tue, 12 Dec 2023 09:56:29 +0000Allan Gray PodcastsSouth African inflation just hit its highest peak since 2009, as it accelerated to 7.4% in June, in line with the global trend. Over in the US, inflation reached a four-decade high of 9.1% last month. As households around the world grapple with rising...Allan Gray portfolio manager Thalia Petousis, Sandy reflects on the very real geopolitical and economic challenges currently affecting the world. Taking us through a range of scenarios, he shares some important lessons from the past and looks to the future, reminding long-term investors that periods of strife often present opportunities.]]>2602falsefullhttps://www.spreaker.com/episode/can-south-african-investors-continue-to-count-on-commodities--57982534Allan Gray portfolio managers Sean Munsie and Rory Kutisker-Jacobson and investment analyst Jithen Pillay discuss the cyclical nature of commodities and delve into the various macro issues that are currently impacting commodity prices. They also explore the energy transition and share their views on some of the new opportunities in the sector. On the commodity boom and other South African fables (and foibles)]]>https://api.spreaker.com/episode/57982534Tue, 12 Dec 2023 09:53:40 +0000Allan Gray PodcastsInvestors in commodity miners and producers have found themselves in one of the better places in the market since the pandemic, owing partly to a lift in demand as countries embarked on stimulus programmes and supply-side constraints keeping a lid on...Allan Gray portfolio managers Sean Munsie and Rory Kutisker-Jacobson and investment analyst Jithen Pillay discuss the cyclical nature of commodities and delve into the various macro issues that are currently impacting commodity prices. They also explore the energy transition and share their views on some of the new opportunities in the sector. On the commodity boom and other South African fables (and foibles)]]>2577false111fullhttps://www.spreaker.com/episode/do-old-investment-truths-still-hold-in-the-current-global-environment--57982516 Allan Gray Podcast, hosted by Allan Gray portfolio manager Rory Kutisker-Jacobson, Dan Brocklebank, head of Orbis UK, reflects on the most valuable investment truths he has learnt as he celebrates two decades at the firm. Dan joined our offshore partner during the dotcom boom and has seen our shared investment philosophy play out through multiple cycles. During the conversation, he explains how Orbis thinks about investing in an environment shaped by rising geopolitical tension, a growing global energy crisis and rampant inflation. Dan also shares some insight into where Orbis is finding compelling opportunities today, why forecasters are so bad at predicting what will happen tomorrow and why we still believe that the best way to build wealth is by adopting a long-term approach.]]>https://api.spreaker.com/episode/57982516Tue, 12 Dec 2023 09:47:55 +0000Allan Gray PodcastsIn the latest episode of Thehttps://www.allangray.co.za/ Podcast, hosted by Allan Gray portfolio manager Rory Kutisker-Jacobson, Dan Brocklebank, head of Orbis UK, reflects on the most valuable investment truths he has learnt as he celebrates two... Allan Gray Podcast, hosted by Allan Gray portfolio manager Rory Kutisker-Jacobson, Dan Brocklebank, head of Orbis UK, reflects on the most valuable investment truths he has learnt as he celebrates two decades at the firm. Dan joined our offshore partner during the dotcom boom and has seen our shared investment philosophy play out through multiple cycles. During the conversation, he explains how Orbis thinks about investing in an environment shaped by rising geopolitical tension, a growing global energy crisis and rampant inflation. Dan also shares some insight into where Orbis is finding compelling opportunities today, why forecasters are so bad at predicting what will happen tomorrow and why we still believe that the best way to build wealth is by adopting a long-term approach.]]>2470false110fullhttps://www.spreaker.com/episode/do-local-banks-offer-value-in-an-inflationary-world--57982497Allan Gray portfolio manager Tim Acker poses this question to investment analysts Pieter Koornhof and Siphesihle Zwane, who have spent time researching some of the biggest names in the sector and determining where the best opportunities lie.]]>https://api.spreaker.com/episode/57982497Tue, 12 Dec 2023 09:44:48 +0000Allan Gray PodcastsAlthough banks are generally geared to economic activity, many local banks proved to be resilient through the COVID-19 pandemic and have been good investments since. But in the current period of high global inflation and slowing economic activity, how...Allan Gray portfolio manager Tim Acker poses this question to investment analysts Pieter Koornhof and Siphesihle Zwane, who have spent time researching some of the biggest names in the sector and determining where the best opportunities lie.]]>2910false19fullhttps://www.spreaker.com/episode/massive-market-moves-how-will-they-shape-the-years-ahead--57982477Allan Gray chief investment officer, Duncan Artus, joins Tamryn Lamb, head of Retail, to unpack why the year was a turning point for markets and trends. They cover everything from AI and energy to cryptos and tech stocks, as they discuss our approach to navigating the risks and taking advantage of the opportunities that lie ahead. Was 2022 a secular turning point and if so, what does it mean for the years ahead?]]>https://api.spreaker.com/episode/57982477Tue, 12 Dec 2023 09:39:50 +0000Allan Gray Podcasts2022 will probably be remembered for being the year of war and inflation, and the end of a decade of “free money” distorting markets. To put it in perspective, a passive 60:40 offshore balanced fund delivered probably its worst performance in US...Allan Gray chief investment officer, Duncan Artus, joins Tamryn Lamb, head of Retail, to unpack why the year was a turning point for markets and trends. They cover everything from AI and energy to cryptos and tech stocks, as they discuss our approach to navigating the risks and taking advantage of the opportunities that lie ahead. Was 2022 a secular turning point and if so, what does it mean for the years ahead?]]>3233false18fullhttps://www.spreaker.com/episode/why-south-africa-is-still-attractive-for-investors--57982434offshore exposure as they ask themselves whether investing in the local market is still worth the risk. In conversation with portfolio manager Tim Acker, investment analysts Siphesihle Zwane and Jithen Pillay discuss the impact of the major local challenges on various industries. They share their thoughts on the South African investment landscape and the global themes that are shaping the local opportunity set, and explain why Allan Gray remains optimistic about a number of attractive JSE-listed companies.]]>https://api.spreaker.com/episode/57982434Tue, 12 Dec 2023 09:36:08 +0000Allan Gray PodcastsFrom persistent loadshedding to deteriorating national infrastructure, South Africa’s challenges are well known. The recurring negative headlines have prompted many investors to look into increasing their...offshore exposure as they ask themselves whether investing in the local market is still worth the risk. In conversation with portfolio manager Tim Acker, investment analysts Siphesihle Zwane and Jithen Pillay discuss the impact of the major local challenges on various industries. They share their thoughts on the South African investment landscape and the global themes that are shaping the local opportunity set, and explain why Allan Gray remains optimistic about a number of attractive JSE-listed companies.]]>2985false17fullhttps://www.spreaker.com/episode/can-long-term-investors-afford-to-invest-without-considering-esg--57981794Allan Gray, ESG analyst Raine Adams and governance analyst Nicole Hamman separate the fundamentals from the fads, as they explain our approach to investing with ESG in mind.]]>https://api.spreaker.com/episode/57981794Tue, 12 Dec 2023 07:44:15 +0000Allan Gray PodcastsCompanies, and their shareholders, are facing increasing levels of scrutiny from the media, activists and the public for the impact they have on the environment and society. As we consider many of the recent headline-grabbing corporate failures, it...Allan Gray, ESG analyst Raine Adams and governance analyst Nicole Hamman separate the fundamentals from the fads, as they explain our approach to investing with ESG in mind.]]>3015false16fullhttps://www.spreaker.com/episode/lessons-from-the-winners-and-losers-of-the-last-five-years--57981787Allan Gray for more info]]>https://api.spreaker.com/episode/57981787Tue, 12 Dec 2023 07:40:34 +0000Allan Gray PodcastsOver the last five years, deteriorating domestic conditions and rapidly developing global trends have seen some well-known stocks, and even entire industries and markets, fall in and out of favour. From Ramaphoria and the COVID-19 pandemic, to the...Allan Gray for more info]]>2843false15fullhttps://www.spreaker.com/episode/from-johannesburg-to-japan-how-to-resist-the-magnetism-of-the-magnificent-seven--57981775Allan Gray portfolio manager Tim Acker and Graeme Forster, portfolio manager at our offshore partner, Orbis, explain why we share the belief that good, undervalued businesses with fewer hurdles to overcome remain the best bet for long-term investors.]]>https://api.spreaker.com/episode/57981775Tue, 12 Dec 2023 07:37:14 +0000Allan Gray PodcastsIn conversation with Tamryn Lamb, https://www.allangray.co.za/ portfolio manager Tim Acker and Graeme Forster, portfolio manager at our offshore partner, Orbis, explain why we share the belief that good, undervalued businesses with fewer hurdles to...Allan Gray portfolio manager Tim Acker and Graeme Forster, portfolio manager at our offshore partner, Orbis, explain why we share the belief that good, undervalued businesses with fewer hurdles to overcome remain the best bet for long-term investors.]]>3854false14fullhttps://www.spreaker.com/episode/are-we-entering-a-global-stockpicker-s-paradise--57981744Allan Gray's portfolio manager Rory Kutisker-Jacobson, Matthew Spencer from our offshore partner, Orbis, explains why the investment team believes that the stock market boom over the last few years is making way for a global stockpicker’s paradise. As the deflation of the “Everything Bubble” continues, long-term investors who remain focused on understanding the fundamentals of the companies they invest in are well placed to be rewarded in years to come. In an effort to make sense of the current environment, Rory and Matthew delve into the major global market shifts that are shaping the opportunity set and unpack some of the portfolios’ most compelling ideas.]]>https://api.spreaker.com/episode/57981744Tue, 12 Dec 2023 07:29:31 +0000Allan Gray PodcastsIn conversation with https://www.allangray.co.za/'s portfolio manager Rory Kutisker-Jacobson, Matthew Spencer from our offshore partner, Orbis, explains why the investment team believes that the stock market boom over the last few years is making way...Allan Gray's portfolio manager Rory Kutisker-Jacobson, Matthew Spencer from our offshore partner, Orbis, explains why the investment team believes that the stock market boom over the last few years is making way for a global stockpicker’s paradise. As the deflation of the “Everything Bubble” continues, long-term investors who remain focused on understanding the fundamentals of the companies they invest in are well placed to be rewarded in years to come. In an effort to make sense of the current environment, Rory and Matthew delve into the major global market shifts that are shaping the opportunity set and unpack some of the portfolios’ most compelling ideas.]]>2427false13fullhttps://www.spreaker.com/episode/are-better-outcomes-for-retirement-savers-on-the-horizon--57981725Retirement reform is on the horizon as the National Treasury takes steps to implement the proposed “two-pot retirement system”. The proposed system has the dual aim of creating limited access to retirement fund assets to help savers cope with short-term emergencies and improving the preservation of retirement savings – ultimately producing better retirement saving outcomes. Allan Gray’s head of Assurance, Richard Carter, joins Umbrella Fund specialist Mica Townsend to discuss the challenges with the current system, the complexities of the proposed changes and what the two-pot system will mean for investors, administrators, advisers and the country’s savings pool. Making sense of the proposed two-pot retirement system · Navigating a changing retirement savings system · Upcoming changes to provident and provident preservation funds]]>https://api.spreaker.com/episode/57981725Tue, 12 Dec 2023 07:26:33 +0000Allan Gray Podcastshttps://www.allangray.co.za/what-we-offer/retirement/ reform is on the horizon as the National Treasury takes steps to implement the proposed “two-pot retirement system”. The proposed system has the dual aim of creating limited access to retirement...Retirement reform is on the horizon as the National Treasury takes steps to implement the proposed “two-pot retirement system”. The proposed system has the dual aim of creating limited access to retirement fund assets to help savers cope with short-term emergencies and improving the preservation of retirement savings – ultimately producing better retirement saving outcomes. Allan Gray’s head of Assurance, Richard Carter, joins Umbrella Fund specialist Mica Townsend to discuss the challenges with the current system, the complexities of the proposed changes and what the two-pot system will mean for investors, administrators, advisers and the country’s savings pool. Making sense of the proposed two-pot retirement system · Navigating a changing retirement savings system · Upcoming changes to provident and provident preservation funds]]>2158false12fullhttps://www.spreaker.com/episode/the-new-normal-what-lies-ahead--57981711Allan Gray Podcast, portfolio manager Thalia Petousis and Sandy McGregor, the longest-serving member of the Allan Gray Investment team, reflect on a range of macroeconomic issues as they explain how the current geopolitical dynamics and tightening monetary policy regime are impacting the long-term investment environment.]]>https://api.spreaker.com/episode/57981711Tue, 12 Dec 2023 07:24:28 +0000Allan Gray PodcastsIn the latest episode of The https://www.allangray.co.za/ Podcast, portfolio manager Thalia Petousis and Sandy McGregor, the longest-serving member of the Allan Gray Investment team, reflect on a range of macroeconomic issues as they explain how the...Allan Gray Podcast, portfolio manager Thalia Petousis and Sandy McGregor, the longest-serving member of the Allan Gray Investment team, reflect on a range of macroeconomic issues as they explain how the current geopolitical dynamics and tightening monetary policy regime are impacting the long-term investment environment.]]>1878false11fullhttps://www.spreaker.com/episode/14-how-to-be-a-little-less-wrong-with-james-aitken--75593203Allan Gray website · More insights from Allan Gray · 50 years of creating long-term wealth for our clients

]]>https://iono.fm/e/1380314Tue, 14 Nov 2023 10:22:00 +0000Allan Gray PodcastsWhen it comes to investing, marginal improvements can make a significant difference to investment returns over time. James Aitken, the founder of Aitken Advisors, has spent three decades gaining a deep understanding of the global financial system’s...Allan Gray website · More insights from Allan Gray · 50 years of creating long-term wealth for our clients

]]>3316falsefullhttps://www.spreaker.com/episode/13-from-johannesburg-to-japan-how-to-resist-the-magnetism-of-the-magnificent-seven--75593188


In conversation with Tamryn Lamb, Allan Gray portfolio manager Tim Acker and Graeme Forster, portfolio manager at our offshore partner, Orbis, explain why we share the belief that good, undervalued businesses with fewer hurdles to overcome remain the best bet for long-term investors. They also delve into some of their favourite global investment ideas. Orbis Global Equity: Value in a changing Japan · Local investment update: Balancing caution and optimism


]]>https://iono.fm/e/1364588Thu, 28 Sep 2023 11:35:00 +0000Allan Gray PodcastsBuoyed by the ongoing excitement around artificial intelligence, the so-called “magnificent seven” (Apple, Amazon, Google, Meta, MSFT, Nvidia and Tesla) have been able to count themselves among this year’s biggest winners. And it is easy to understand...


In conversation with Tamryn Lamb, Allan Gray portfolio manager Tim Acker and Graeme Forster, portfolio manager at our offshore partner, Orbis, explain why we share the belief that good, undervalued businesses with fewer hurdles to overcome remain the best bet for long-term investors. They also delve into some of their favourite global investment ideas. Orbis Global Equity: Value in a changing Japan · Local investment update: Balancing caution and optimism


]]>3854falsefullhttps://www.spreaker.com/episode/12-lessons-from-the-winners-and-losers-of-the-last-five-years--75593224Capitec: The way to build a bank · Four contrarian investment questions to ask in 2023


]]>https://iono.fm/e/1355041Wed, 30 Aug 2023 13:22:00 +0000Allan Gray PodcastsOver the last five years, deteriorating domestic conditions and rapidly developing global trends have seen some well-known stocks, and even entire industries and markets, fall in and out of favour. From Ramaphoria and the COVID-19 pandemic, to the...Capitec: The way to build a bank · Four contrarian investment questions to ask in 2023


]]>2844falsefullhttps://www.spreaker.com/episode/11-can-long-term-investors-afford-to-invest-without-considering-esg--75593173Taking stock of our stewardship efforts · ESG: The fundamentals vs the fads · Stewardship Report


]]>https://iono.fm/e/1330281Tue, 11 Jul 2023 14:12:00 +0000Allan Gray PodcastsCompanies, and their shareholders, are facing increasing levels of scrutiny from the media, activists and the public for the impact they have on the environment and society. As we consider many of the recent headline-grabbing corporate failures, it...Taking stock of our stewardship efforts · ESG: The fundamentals vs the fads · Stewardship Report


]]>3015falsefullhttps://www.spreaker.com/episode/10-are-we-entering-a-global-stockpicker-s-paradise--75593232Memory: Industry cycles, not the business cycle · Orbis Global Balanced: Investing through the cycles

]]>https://iono.fm/e/1316952Fri, 02 Jun 2023 13:36:00 +0000Allan Gray PodcastsIn conversation with portfolio manager Rory Kutisker-Jacobson, Matthew Spencer from our offshore partner, Orbis, explains why the investment team believes that the stock market boom over the last few years is making way for a global stockpicker’s...Memory: Industry cycles, not the business cycle · Orbis Global Balanced: Investing through the cycles

]]>2427falsefullhttps://www.spreaker.com/episode/09-why-south-africa-is-still-attractive-for-investors--75593193Peering through the smoke · AB InBev: The king of beer · Shedding dark on the issue of South Africa’s economic growth

]]>https://iono.fm/e/1307174Fri, 05 May 2023 08:50:00 +0000Allan Gray PodcastsFrom persistent loadshedding to deteriorating national infrastructure, South Africa’s challenges are well known. The recurring negative headlines have prompted many investors to look into increasing their offshore exposure as they ask themselves...Peering through the smoke · AB InBev: The king of beer · Shedding dark on the issue of South Africa’s economic growth

]]>2985falsefullhttps://www.spreaker.com/episode/08-the-new-normal-what-lies-ahead--75593195


In the latest episode of The Allan Gray Podcast, portfolio manager Thalia Petousis and Sandy McGregor, the longest-serving member of the Allan Gray Investment team, reflect on a range of macroeconomic issues as they explain how the current geopolitical dynamics and tightening monetary policy regime are impacting the long-term investment environment. The consequences of South Africa’s greylisting ·

]]>https://iono.fm/e/1294094Mon, 27 Mar 2023 07:25:00 +0000Allan Gray PodcastsAs memories of masks and lockdown restrictions fade, investors face a new list of challenges. Locally, loadshedding has eroded business margins and is casting a shadow on the market. Abroad, the threat of a new banking crisis has proven extremely...


In the latest episode of The Allan Gray Podcast, portfolio manager Thalia Petousis and Sandy McGregor, the longest-serving member of the Allan Gray Investment team, reflect on a range of macroeconomic issues as they explain how the current geopolitical dynamics and tightening monetary policy regime are impacting the long-term investment environment. The consequences of South Africa’s greylisting ·

]]>1878falsefullhttps://www.spreaker.com/episode/07-massive-market-moves-how-will-they-shape-the-years-ahead--75593208Was 2022 a secular turning point and if so, what does it mean for the years ahead? · Investment update: How to invest in a changing world

]]>https://iono.fm/e/1277729?v=1Thu, 09 Feb 2023 09:13:00 +0000Allan Gray Podcasts2022 will probably be remembered for being the year of war and inflation, and the end of a decade of “free money” distorting markets. To put it in perspective, a passive 60:40 offshore balanced fund delivered probably its worst performance in US...Was 2022 a secular turning point and if so, what does it mean for the years ahead? · Investment update: How to invest in a changing world

]]>3233falsefullhttps://www.spreaker.com/episode/06-do-local-banks-offer-value-in-an-inflationary-world--75593235Capitec: The way to build a bank · · Do South African banks offer value in a COVID-19 battered world?


]]>https://iono.fm/e/1261068Thu, 08 Dec 2022 07:09:00 +0000Allan Gray PodcastsAlthough banks are generally geared to economic activity, many local banks proved to be resilient through the COVID-19 pandemic and have been good investments since. But in the current period of high global inflation and slowing economic activity, how...Capitec: The way to build a bank · · Do South African banks offer value in a COVID-19 battered world?


]]>2910falsefullhttps://www.spreaker.com/episode/05-are-better-outcomes-for-retirement-savers-on-the-horizon--75593204Making sense of the proposed two-pot retirement system · Navigating a changing retirement savings system · Upcoming changes to provident and provident preservation funds · Save for your retirement

]]>https://iono.fm/e/1244436Wed, 26 Oct 2022 09:07:00 +0000Allan Gray PodcastsRetirement reform is on the horizon as the National Treasury takes steps to implement the proposed “two-pot retirement system”. The proposed system has the dual aim of creating limited access to retirement fund assets to help savers cope with...Making sense of the proposed two-pot retirement system · Navigating a changing retirement savings system · Upcoming changes to provident and provident preservation funds · Save for your retirement

]]>2158falsefullhttps://www.spreaker.com/episode/04-do-old-investment-truths-still-hold-in-the-current-global-environment--75593237Orbis Global Equity: The duration dislocation · Orbis investment update: Risks in the real world

]]>https://iono.fm/e/1233865Fri, 30 Sep 2022 09:00:00 +0000Allan Gray PodcastsIn the latest episode of The Allan Gray Podcast, hosted by Allan Gray portfolio manager Rory Kutisker-Jacobson, Dan Brocklebank, head of Orbis UK, reflects on the most valuable investment truths he has learnt as he celebrates two decades at the firm....Orbis Global Equity: The duration dislocation · Orbis investment update: Risks in the real world

]]>2470falsefullhttps://www.spreaker.com/episode/03-can-south-african-investors-continue-to-count-on-commodities--75593230On the commodity boom and other South African fables (and foibles)

]]>https://iono.fm/e/1219203Wed, 24 Aug 2022 15:00:00 +0000Allan Gray PodcastsInvestors in commodity miners and producers have found themselves in one of the better places in the market since the pandemic, owing partly to a lift in demand as countries embarked on stimulus programmes and supply-side constraints keeping a lid on...On the commodity boom and other South African fables (and foibles)

]]>2577falsefullhttps://www.spreaker.com/episode/02-can-optimism-rise-from-the-inflationary-ashes--75593217Investing · Markets and economy · Allan Gray

]]>https://iono.fm/e/1207999Fri, 22 Jul 2022 09:00:00 +0000Allan Gray PodcastsSouth African inflation just hit its highest peak since 2009, as it accelerated to 7.4% in June, in line with the global trend. Over in the US, inflation reached a four-decade high of 9.1% last month. As households around the world grapple with rising...Investing · Markets and economy · Allan Gray

]]>2602falsefullhttps://www.spreaker.com/episode/01-how-to-think-about-investing-in-an-energy-short-and-volatile-world--75593215What has gone wrong with Naspers? · Food price inflation: Are we watching “That ‘70s Show”? · Invest offshore


]]>https://iono.fm/e/1191484Wed, 08 Jun 2022 12:00:00 +0000Allan Gray PodcastsFrom the global technology stock sell-off and rising inflation, to the war in Ukraine exacerbating a global energy crisis, investors are tasked with navigating an increasingly complex and volatile environment. In the first episode of the Allan Gray...What has gone wrong with Naspers? · Food price inflation: Are we watching “That ‘70s Show”? · Invest offshore


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