INSIGHTS
MAY 2026 | MARKET AND PORTFOLIO COMMENTARY
Global Market Overview May delivered one of the more unusual monthly setups in recent memory....
APRIL 2026 | MARKET AND PORTFOLIO COMMENTARY
Global Market Overview April delivered a powerful and broad-based recovery across global...
MARCH 2026 | MARKET AND PORTFOLIO COMMENTARY
Global Market Overview March was defined by a single, sharp macro shock: the outbreak of...
FEBRUARY 2026 | MARKET AND PORTFOLIO COMMENTARY
Global Market Overview Global markets delivered a more nuanced picture in February, with...
JANUARY 2026 | MARKET AND PORTFOLIO COMMENTARY
Global Market Overview Global markets began 2026 with a noticeably broader “risk-on” tone than...
QUARTERLY MARKET INSIGHTS | Q4 2025
At MitonOptimal we take asset allocation (AA) very seriously, taking into consideration both...
DECEMBER 2025 | MARKET AND PORTFOLIO COMMENTARY
Global Market Overview Global markets entered the final month of 2025 with momentum already...
CLOSING OUT 2025
The content of this article is for information purposes only and does not constitute an offer or...
NOVEMBER 2025 | MARKET AND PORTFOLIO COMMENTARY
Global Market Overview Global markets entered November navigating a complex environment defined...
OCTOBER 2025 | MARKET AND PORTFOLIO COMMENTARY
Global Market Overview Global equity markets extended their winning streak in October, supported...
SEPTEMBER 2025 | MARKET AND PORTFOLIO COMMENTARY
Global Market Overview Global equity markets entered the final quarter of 2025 with measured...
AUGUST 2025 | MARKET AND PORTFOLIO COMMENTARY
Global Market Overview Global markets ended August on a resilient note, though the picture was...
JULY 2025 | MARKET AND PORTFOLIO COMMENTARY
Global Market Overview Global markets continued to build on their mid-year momentum in July,...
QUARTERLY MARKET INSIGHTS | Q2 2025
At MitonOptimal we take asset allocation (AA) very seriously, taking into consideration both...
JUNE 2025 | MARKET AND PORTFOLIO COMMENTARY
Global Market Overview Global markets rallied strongly in June as dovish signals from the US...
MAY 2025 | MARKET AND PORTFOLIO COMMENTARY
The temporary easing of US-China tariffs triggered a rally across risk assets, while softer...
APRIL 2025 | MARKET AND PORTFOLIO COMMENTARY
April 2025 delivered a welcome reprieve for global equity markets following the steep declines...
ASSET TV | FUND FIT SUMMIT
Head of Portfolio Management, Roeloff Horne, participates in AssetTV's Fund Fit Summit series...
QUARTERLY MARKET INSIGHTS | Q1 2025
At MitonOptimal we take asset allocation (AA) very seriously, taking into consideration both...
MARCH 2025 | MARKET AND PORTFOLIO COMMENTARY
March 2025 marked a challenging month for global markets, as investors were forced to...
FEBRUARY 2025 | MARKET AND PORTFOLIO COMMENTARY
February 2025 brought renewed volatility across global markets, as investors navigated evolving...
JANUARY 2025 | MARKET & PORTFOLIO COMMENTARY
Across the Atlantic, US markets exhibited resilience despite lingering uncertainties surrounding...
ASSET TV | OUTLOOK 2025 DFM PANEL
Head of Portfolio Management, Roeloff Horne, joined industry leaders at AssetTV's Outlook 2025...
QUARTERLY MARKET INSIGHTS: Q4 2024
At MitonOptimal we take asset allocation (AA) very seriously, taking into consideration both...
CLOSING OUT 2024
The theme for 2024 was “the year of elections”. But most notably for our clients and portfolios,...
DECEMBER 2024 | MARKET & PORTFOLIO COMMENTARY
December 2024 Investment Review: December brought a mix of opportunities and challenges, with...
NOVEMBER 2024 | MARKET & PORTFOLIO COMMENTARY
November 2024 Investment Review November 2024 was a highly active month in financial markets,...
OCTOBER 2024 | MARKET & PORTFOLIO COMMENTARY
October 2024 unfolded as a classic market balancing act, with investors caught between optimism...
QUARTERLY MARKET INSIGHTS: Q3 2024
At MitonOptimal we take asset allocation (AA) very seriously, taking into consideration both...
SEPTEMBER 2024 | MARKET & PORTFOLIO COMMENTARY
September 2024 was a month of rising optimism across global and local markets, driven by a range...
AUGUST 2024 | MARKET & PORTFOLIO COMMENTARY
The month of August 2024 was particularly eventful, marked by heightened volatility in global...
JULY 2024 | MARKET & PORTFOLIO COMMENTARY
The month of July 2024 was marked by significant political events in the global space and more...
JUNE 2024 | MARKET & PORTFOLIO COMMENTARY
In June, the stock markets displayed notable dynamics. The US markets were dominated by a...
MAY 2024 | MARKET & PORTFOLIO COMMENTARY
As we navigate through May 2024, global markets have shown a mixed bag of performance,...
APRIL 2024 | MARKET & PORTFOLIO COMMENTARY
Global equity markets faced headwinds, exemplified by the MSCI World Index's substantial decline...
QUARTERLY MARKET INSIGHTS: Q1 2024
At MitonOptimal we take asset allocation (AA) very seriously, taking into consideration both...
MARCH 2024 | MARKET & PORTFOLIO COMMENTARY
The global market landscape witnessed significant shifts in March 2024, largely influenced by...
FEBRUARY 2024 | MARKET & PORTFOLIO COMMENTARY
February was a rollercoaster month that has left many investors on edge, especially with the...
JANUARY 2024 | MARKET & PORTFOLIO COMMENTARY
In January, the global economic landscape reflected continuity from the preceding month, with...
QUARTERLY MARKET INSIGHTS: Q4 2023
At MitonOptimal we take asset allocation (AA) very seriously, taking into consideration both...
CLOSING OUT 2023
2023 was a year of mixed fortunes. The market initially come under enormous pressure, but gave...
DECEMBER 2023 | MARKET & PORTFOLIO COMMENTARY
In continuation from last month, December exhibited positive trends for global equity markets,...
NOVEMBER 2023 | MARKET & PORTFOLIO COMMENTARY
The financial markets concluded the month of November on a positive note, driven by emerging...
OCTOBER 2023 | MARKET & PORTFOLIO COMMENTARY
In October 2023, financial markets globally faced a challenging landscape. Stock markets...
QUARTERLY MARKET INSIGHTS: Q3 2023
At MitonOptimal we take asset allocation (AA) very seriously, taking into consideration both...
SEPTEMBER 2023 | MARKET & PORTFOLIO COMMENTARY
GLOBAL OVERVIEW In September, global stock markets witnessed a decline due to cautious...
AUGUST 2023 | MARKET & PORTFOLIO COMMENTARY
August posed significant challenges for both fund managers and their clients. Global financial...
JULY 2023 | MARKET & PORTFOLIO COMMENTARY
The month of July saw some interesting moves by Central Banks with a subsequent weakening of the...
QUARTERLY MARKET INSIGHTS: Q2 2023
At MitonOptimal we take asset allocation (AA) very seriously, taking into consideration both...
JUNE 2023 | MARKET & PORTFOLIO COMMENTARY
June was an interesting month when looking at returns and market movement. It seems like...
FUND FIT SUMMIT | ASSET TV
Portfolio Manager, Jacques de Kock, participates in AssetTV's Fund Fit Summit series focusing on...
MAY 2023 | MARKET & PORTFOLIO COMMENTARY
It was another difficult month for risk assets with only the Nasdaq pulling up US markets. The...
APRIL 2023 | MARKET & PORTFOLIO COMMENTARY
The month of April was a relatively good month for risk assets in general, with no meaningful...
QUARTERLY MARKET INSIGHTS: Q1 2023
At MitonOptimal we take asset allocation (AA) very seriously, taking into consideration both...
MARCH 2023 | MARKET & PORTFOLIO COMMENTARY
March was a turbulent month for global markets and a difficult one for local risk assets. Global...
FEBRUARY 2023 | MARKET & PORTFOLIO COMMENTARY
Many of the gains of January have been eradicated during a risk-off environment in February. It...
GLOBAL MACROECONOMIC OVERVIEW INVESTOR UPDATE | FEBRUARY 2023
In this video, Roeloff Horne (Executive Director, Head of SA Portfolio Management) provides a 20...
JANUARY 2023 | MARKET & PORTFOLIO COMMENTARY
In contrast to December, January opened on a bullish trend that continued for most of the month....
BLUECHIP JOURNAL FEATURE: ASTUTE RANGE
This article was originally published in the Q1 2023 edition of Blue Chip Journal....
LAUNCH: ASTUTE RANGE OF HEDGE FUND MODEL PORTFOLIOS
MITONOPTIMAL LAUNCHES RANGE OF HEDGE FUND MODEL PORTFOLIOS MitonOptimal has launched a range of...
QUARTERLY MARKET INSIGHTS: Q4 2022
At MitonOptimal we take asset allocation (AA) very seriously, taking into consideration both...
CLOSING OUT 2022
It’s been a tough year in the markets, especially when compared to the stellar returns of 2021....
DECEMBER 2022 | MARKET & PORTFOLIO COMMENTARY
December was a month of more risk-off trading than risk seeking behavior, in contrast to the...
CITYWIRE: STAR SELECTORS 2022
Head of SA Portfolio Management, Roeloff Horne, has been included in Citywire's Star Selectors...
NOVEMBER 2022 | MARKET & PORTFOLIO COMMENTARY
November saw another month of continued risk-on behaviour. This saw the MSCI World Index...
OCTOBER 2022 | MARKET & PORTFOLIO COMMENTARY
The month of October saw most of the market take a well-received breather from the bearish trend...
QUARTERLY MARKET INSIGHTS: Q3 2022
At MitonOptimal we take asset allocation (AA) very seriously, taking into consideration both...
SEPTEMBER 2022 | MARKET & PORTFOLIO COMMENTARY
September seemed to be a continuation of what we saw in August. With inflation fears and...
AUGUST 2022 | MARKET & PORTFOLIO COMMENTARY
August 2022 saw a reversal in the trend for risk assets when compared to July results. With...
JULY 2022 | MARKET & PORTFOLIO COMMENTARY
July was a good month for risk assets in general. We saw some positive signs after months of...
QUARTERLY MARKET INSIGHTS: Q2 2022
At MitonOptimal we take asset allocation (AA) very seriously, taking into consideration both...
JUNE 2022 | MARKET & PORTFOLIO COMMENTARY
During this month, we attended various asset manager presentations in London as well as the...
MAY 2022 | MARKET & PORTFOLIO COMMENTARY
It was another rollercoaster month for risk asset investors. Although most global equity indices...
INDEXATION ≠ PASSIVE
This article was originally published in the Q2 2022 edition of Blue Chip Journal.The...
RISKY BUSINESS
This article was originally published in the May 2022 edition of MoneyMarketing.Most of the...
APRIL 2022 | MARKET & PORTFOLIO COMMENTARY
The month was another one of risk-off behaviour, with policy makers and reserve banks finding it...
QUARTERLY MARKET INSIGHTS: Q1 2022
At MitonOptimal we take asset allocation (AA) very seriously, taking into consideration both...
MARCH 2022 | MARKET & PORTFOLIO COMMENTARY
It was another month of risk-off behaviour in equity markets in general, but especially in most...
PROSPECTS FOR SOUTH AFRICAN EQUITIES IN 2022
Globally quite a bit has changed over the past few months and since our last strategy note. In...
FEBRUARY 2022 | MARKET & PORTFOLIO COMMENTARY
After an “interesting” start to the year, we were all shocked at the news of events in Russia...
RUSSIA-UKRAINE ANALYSIS
Words don’t come easy when we look back on all the lives lost due to the COVID-19 pandemic over...
JANUARY 2022 | OFFSHORE MARKET & PORTFOLIO COMMENTARY
The year kicked off in familiar fashion as markets continued where they left off in 2021, but...
JANUARY 2022 | SA MARKET & PORTFOLIO COMMENTARY
The year kicked off in familiar fashion as markets continued where they left off in 2021, but...
CLOSING OUT 2021…SETTING THE SCENE FOR 2022
2021 has been an interesting year for many reasons. Coming hot off the back of 2020 (arguably...
DECEMBER 2021 | SA MARKET & PORTFOLIO COMMENTARY
The final quarter concluded a calendar year in which most investors in funds with longer-term...
DECEMBER 2021 | OFFSHORE MARKET & PORTFOLIO COMMENTARY
The final quarter concluded a calendar year in which most investors in funds with longer-term...
NOVEMBER 2021 I OFFSHORE MARKET & PORTFOLIO COMMENTARY
The end of November showed renewed angst in the market as the Omicron variant of the COVID-19...
NOVEMBER 2021 I SA MARKET & PORTFOLIO COMMENTARY
The end of November showed renewed angst in the market as the Omicron variant of the COVID-19...
OCTOBER 2021 I OFFSHORE MARKET & PORTFOLIO COMMENTARY
US stocks remain around all-time peaks and the JSE recovered during October. Coronavirus...
OCTOBER 2021 I SA MARKET & PORTFOLIO COMMENTARY
US stocks remain around all-time peaks and the JSE recovered during October. Coronavirus...
WALL OF WORRY
“There's a wall of worry that markets are trying to climb at the moment. We have an energy...
SEPTEMBER 2021 I OFFSHORE MARKET & PORTFOLIO COMMENTARY
Capital markets experienced a sell-off in September due to factors including inflation fears,...
SEPTEMBER 2021 I SA MARKET & PORTFOLIO COMMENTARY
Capital markets experienced a sell-off in September due to factors including inflation fears,...
AUGUST 2021 I OFFSHORE MARKET & PORTFOLIO COMMENTARY
It’s still an uncertain world with the Delta variant of COVID -19 continuing its destructive...
AUGUST 2021 I SA MARKET & PORTFOLIO COMMENTARY
It remains an uncertain world with the Delta variant of COVID -19 continuing its destructive...
WHAT LIES AHEAD FOR PLATINUM GROUP METAL COMPANIES
We comment and focus on the platinum mining sector on the Johannesburg Stock Exchange and in...
JULY 2021 I OFFSHORE MARKET & PORTFOLIO COMMENTARY
Whilst the Delta variant of COVID-19 continues to spread in developed and emerging markets,...
JULY 2021 I SA MARKET & PORTFOLIO COMMENTARY
Whilst the Delta variant of COVID-19 continues to spread in developed and emerging markets,...
INVESTMENT STRATEGY OVERVIEW: Q2 2021 / Q3 2021
Although this overview is aimed to communicate our asset class views and positioning, we cannot...
JUNE 2021 I OFFSHORE MARKET & PORTFOLIO COMMENTARY
The S&P 500 gained 14.4% for the 6 months to 30 June 2021. This is the second biggest...
JUNE 2021 I SA MARKET & PORTFOLIO COMMENTARY
It is pleasing to report that the JSE ALSI Index returned 13.2% for the 6 months to 30 June...
MAY 2021 | SA MARKET & PORTFOLIO COMMENTARY
What an incredible year it has been since the advent of Covid-19 in capital markets. The global...
MAY 2021 | OFFSHORE MARKET & PORTFOLIO COMMENTARY
What an incredible year it has been since the advent of Covid-19 in capital markets. The global...
PROPERTY – WHERE TO FROM HERE?
“Double, double, toil and trouble” … Or, at least, so it seems. Listed property has been cast...
APRIL 2021 | OFFSHORE MARKET & PORTFOLIO COMMENTARY
There has been a sharp recovery in equity prices since November 2020 when Biden was elected as...
APRIL 2021 | SA MARKET & PORTFOLIO COMMENTARY
There has been a sharp recovery in equity prices since November 2020 when Biden was elected as...
SAME, SAME BUT DIFFERENT…
This article was originally published in the April 2021 edition of MoneyMarketing. DFMs or DIMs...
MARCH 2021 | OFFSHORE MARKET & PORTFOLIO COMMENTARY
The major driver of short-term volatility in markets is the expectation of higher US inflation....
MARCH 2021 | SA MARKET & PORTFOLIO COMMENTARY
The major driver of short-term volatility in markets is the expectation of higher US inflation....
FEBRUARY 2021 | SA MARKET & PORTFOLIO COMMENTARY
The market volatility continued in February. Volatility can be interpreted as a negative, but we...
ESG INVESTING IN A POST TRUMP WORLD
Are we likely to see the next growth phase of ESG investing in a post Trump world? Increasing...
RIP VAN WINKLE OR SLEEPING BEAUTY WOULD HAVE BEEN HAPPY WITH 2020
There is a number of fables and fairy tales which relate the story of a fictitious person...
CLOSING OUT 2020
2020 will be remembered as one of the more remarkable years in history, with financial markets...
BOUTIQUES ARE BETTER…RIGHT
Head of Institutional Asset Consulting and Optimization, James Downie, features in Blue Chip...
SHORT TERM RALLY FOR THE JSE
Poor returns on the Johannesburg Stock Exchange (JSE), in particular over the past 5 years, have...
MY BIG PICTURE
This week's comment is a purely personal take on the state of the investment markets. The...
SQUEEZING THE LAST JUICE FROM THE LEMON
Many South Africans, particularly older ones, rely on the interest earned from their investments...
TIME TO HANDLE GOLD WITH KID GLOVES
A ‘Labour Day / May Day’ global celebration lies ahead on Friday. The world, however, is a very...
TAKING STOCK
To say that there have been significant moves in markets and societies in the recent fortnight...
THIS, TOO, SHALL PASS
We are all understandably nervous, scared and unsure of the future both in our personal lives...
THE CORONA VIRUS: ARE WE HEADING FOR A GLOBAL RECESSION?
Global equity markets and commodity prices are experiencing one of their worst drawdowns in the...
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