Page 4 - SA Chamber UK Newsletter April 2024
P. 4
ADVERTORIAL CONTENT
REFLECTIONS FROM
SOUTH AFRICA
Barclays colleagues, Alexander Joshi (Head of Behavioural Finance) and Stephen
Moroukian (Product and Proposition Director, Real Estate Financing) recently hit the
road, bringing their professional insights to Johannesburg, Durban and Cape Town.
Here are the highlights as they reflected on the global economic outlook, investor
behaviour and the real estate market.
The global economy – opportunities amidst uncertainty
Despite a strong start to 2024, the global economy is expected to experience a slowdown
in growth, with forecasts suggesting a decline from 3.2% in 2023 to 2.9% in 2024. But
there is better news on inflation, which is likely to keep falling – potentially paving the
way for central banks to cut interest rates later this year.
For anyone looking to navigate the current economic climate, it’s important to build a
solid investment plan with a long-term focus. Spreading investments across different
asset classes (think about not putting all your eggs in one basket) is still key for
managing risk. And even with the inevitable bumps in the road, for those who’ve done
their homework, you can still find opportunities to grow and preserve wealth (albeit
nothing is risk free when investing).
Investment strategies for uncertain times
The first challenge investors face? Beating inflation. You want your money to hold its
value (and ideally grow) over time, but that can feel especially tricky during uncertain
periods. Having cash on hand can feel like a security blanket – but remember, inflation
constantly eats away at its purchasing power.
Yet, conversely, staying invested through market ups and downs is often crucial for
achieving long-term financial goals and growing wealth. Patience is very often a virtue
in investing. While history is never a guarantee of future performance, past trends
provide useful context. Even periods of wild market swings haven’t necessarily derailed
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SA CHAMBER UK NEWSLETTER APRIL 2024