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Geopolitical and fiscal risks will continue to feature in global markets in 2024

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The resilience of the US equity market, and especially the tech sector, continued to surprise investors in Q2 2024, says Marius Oberholzer, STANLIB’s Head of Multi-Asset. For the rest of 2024, he anticipates risks around global geopolitics, with elections seeing a swing to the right, fiscal deficits, and whether inflation data continues to soften. China remains a concern for all investors. Although he recommends South African investors maintain a reasonable level of offshore exposure, at about 35-40% of a total portfolio, he says SA is beginning to attract more investor interest.
25 Jul English South Africa Investing · Business News

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