Investment Review – October 2023

Market Indicators

  • JSE All Share (ALSI) 69,653.44
  • Rand/Euro R 19.81
  • Rand/Pound R 22.74
  • Rand/US Dollar R 18.74
  • Rand/Aus Dollar R 11.86

The Fentanyl Crisis

The fentanyl crisis is a major challenge in the US, causing around 200 daily deaths and over a quarter-million deaths since 2018. It’s a leading cause of death, particularly impacting the younger population. This article delves into the fentanyl crisis, examining parallels with China’s Opium Wars, where addiction triggered societal decline, and raises the question of whether the US can avert a fate similar to China’s.

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Posted in Investment Review

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.