Fear & Opportunity

Rezco Asset Management hosted an investment webinar on 2 August 2022, with Chief Investment Officer Rob Spanjaard, Co-Portfolio Manager and Head of Research Simon Sylvester, and Head of Distribution Brian du Plessis presenting views on fear & opportunity. As a South African asset manager, Rezco explains how macro conditions, valuation and risk control shape unit trust and segregated portfolio decisions.

What this webinar covers

This webinar replay covers Fear & Opportunity and how Rezco interprets current markets for clients seeking risk-adjusted returns. The session focuses on Rezco Value Trend, bear markets and recessions, emerging markets and related portfolio themes. And so that's creating this this risk in the market that this could still take time to play out and they could still be further downside to to equities from here.

Key themes discussed

• bear markets and recessions
• emerging markets
• inflation and interest rates
• Rezco Value Trend
• so that's creating this this risk in the market that this could still take….
• We well positioned to to manage our client money through what we think is….
• Discussion of Still in portfolio and macro context
• Discussion of Fear in portfolio and macro context

Macro and market context

If you overlay different bear markets with recessions in the US, these lands are the S&P 500 performance and you look at the current bear. And at the same time we cautioning against this idea of overweighting the experience of covid where there was a sharp crash and a recession and a very quick recovery.

Companies, sectors and ideas mentioned

• Blue Line

Rezco's risk and portfolio views

And so that's creating this this risk in the market that this could still take time to play out and they could still be further downside to to equities from here. We well positioned to to manage our client money through what we think is going to be a tough recession a grinding economy a very difficult Market to navigate coupled with some big tail risks around Europe and so forth that are playing out and so looking forward you think now's a time to be careful but also to be looking for.