2023 Investors' Outlook

Rezco Asset Management hosted an investment webinar on 31 January 2023, 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 2023 investors' outlook. 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 2023 Investors' Outlook and how Rezco interprets current markets for clients seeking risk-adjusted returns. The session focuses on Rezco Global Equity Fund, Rezco Managed Plus, Rezco Multi-Asset funds and related portfolio themes. We found Shades that are a lot more bombed out in a water faints of or high quality and growth lower evaluations that we Blended this into portfolio that seems to be our performing quite nasty on the next slide, you'll see and the performance of pure Equity mandates how we rather than the fund as we we keep carve out so we can check the performance exactly so we know if we're Value or not and you'll see the red line and the white line of two kind of sub portfolios within Global fund and these are equities of obviously Bloomberg chart.

Key themes discussed

Macro and market context

So no one that the concept we have in the Society of instant gratification is as the Federal Reserve Titans, you're going to see the recession and not hasn't been happening. Policies charge a tree but if we look at the Hard numbers, I just can't see it being trans tree and we our view is a Fed against a panic and pivot instead the fed and nothing they waited till the interest rates inflation got.

Companies, sectors and ideas mentioned

• Donald Trump
• European Central Bank
• Federal Reserve
• JSE
• US Treasury
• Simon Sylvester
• Investment Portfolio
• Black Swan
• South African
• Ben Bernanke

Rezco's risk and portfolio views

So are we see pockets of value and other countries you can see Technically some value but you also got a lot of Tel risk at some of these other economies which you don't you're not taking as much tail risk in the US US economy. We think it's us is probably one of the better places to be for stock picking and some of the opportunities there some of the pictures that we think are good and we're not seeing other countries, which it's just offering Great Value and fact a lot of the other countries.