![](https://static.iono.fm/files/p2227/logo_1463241_20240722_180245_600.jpg)
STANLIB Fixed Income team’s agile decisions in Q2 deliver inflation-beating returns
--:--
The STANLIB Flexible Income Fund delivered a pleasing 3.2% return in Q2 2024 vs 2.3% for the benchmark, despite an eventful quarter, says Sylvester Kobo, Deputy Head of Fixed Income at STANLIB. The fund made dynamic asset allocation and duration decisions, especially before and after the South African election. The R57.5 billion STANLIB Income Fund, which has delivered an above-inflation return of 10.5% in the year to June, is positioned to maintain yield in anticipation of a total of 1.25% of interest rate cuts in SA: two this year and three next year.