Simon’s weekly wrap: Gold, crypto, energy – where the money’s going

I chatted with Hlelo Giyose, chief investment officer at First Avenue Investment Management, about gold. He has the view that most of the market views it all wrong. Gold is the ultimate defensive asset as it never decays. As such, its price does not change, everything else prices around it and that’s what changes.

You can also listen to this podcast on iono.fm here.

We all know GDP and eagerly await the new number every quarter. But speaking with Helenya Fourie, senior economist at the Bureau for Economic Research, she suggests we need better data. Not to do away with GDP, but satellite images, and mobile data could all help give faster accurate economic information for both policy makers and investors.

You can also listen to this podcast on iono.fm here.

I spoke with Chanal Subramoney from Yellow Card about stablecoins, those crypto assets backed by the US dollar. She was making the point that they are fast becoming an important tool for business, especially for those working across boarders.

You can also listen to this podcast on iono.fm here.

STANLIB’s Energy Transition Fund reached its first close at R5 billion and I spoke with head of fixed income private markets at STANLIB Asset Management Johan Marnewick. I asked about the process of a fund reaching closure, but also dug into where the fund is investing and the investment processes they have in place.

You can also listen to this podcast on iono.fm here.

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