Investment Review – February 2026

  • JSE All Share (ALSI) 128,455.68
  • Rand/Euro R 18.80
  • Rand/Pound R 21.45
  • Rand/US Dollar R 15.92
  • Rand/Aus Dollar R 11.32

Iran Conflict: Market Impact and Implications

On 28 February 2026, the US and Israel conducted airstrikes against Iran, resulting in the death of Iran’s leader, Ayatollah Khamenei, along with several senior political and military officials.

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The Allan Gray-Orbis Global Equity Feeder Fund remains fully invested in global equities. The objective of the Fund is to outperform the FTSE World Index at no greater-than average risk of loss in its sector.