17 episodes

Long-term investors have to make sense of a barrage of information, from market movements and geopolitical news to economic developments and personal finance trends. Through conversations with investment professionals from Allan Gray and various expert guests, we aim to give you insight into how we view the world and how this shapes the way we construct our portfolios to deliver long-term returns for our clients.

Allan Gray is an authorised financial services provider.

The Allan Gray Podcast Allan Gray

    • Business
    • 5.0 • 25 Ratings

Long-term investors have to make sense of a barrage of information, from market movements and geopolitical news to economic developments and personal finance trends. Through conversations with investment professionals from Allan Gray and various expert guests, we aim to give you insight into how we view the world and how this shapes the way we construct our portfolios to deliver long-term returns for our clients.

Allan Gray is an authorised financial services provider.

    Trends shaping the future of investment management

    Trends shaping the future of investment management

    The commonly accepted wisdom is that if we want a glimpse into the future of South Africa’s financial services sector, we should take a look at the United Kingdom’s financial landscape and delay the experience by a few years. In this conversation, Dan Brocklebank, UK head of our offshore partner, Orbis, joins portfolio manager Jithen Pillay to explain how key themes, such as tighter regulation, artificial intelligence and increasing geopolitical tension, are shaping the future of asset management and financial advice. They explore how a handful of trends are challenging the status quo and presenting opportunities for those willing to embrace change.

    • 41 min
    Timeless lessons on risk, opportunity and living a good life – with Morgan Housel

    Timeless lessons on risk, opportunity and living a good life – with Morgan Housel

    With 2024 set to be a news-heavy year, investors are speculating about everything from what interest rates might do next, to the outcome of elections around the world. Given the levels of uncertainty, many are finding it hard to avoid panicking and making rash decisions based on emotions. Allan Gray portfolio manager Tim Acker is joined by renowned behavioural psychology expert and bestselling author Morgan Housel. In the conversation, Morgan explores many of the behavioural biases that erode wealth during periods of heightened risk and explains how we can improve our long-term investment outcomes by focusing our efforts on the things that stay the same, rather than the variables that are out of our control.

    • 53 min
    Holding steady when global markets are in flux

    Holding steady when global markets are in flux

    The Investment teams at Allan Gray and Orbis have both been talking about the huge disparities in global valuations for some time. There are pockets of the market that are incredibly cheap, but many of the most popular regions and sectors are eye-wateringly expensive. For a moment last year, it seemed as though these disparities were beginning to narrow amid rising inflation and subsequent interest rate hikes. But in 2023, things snapped back. Bond yields have risen sharply, while the areas that tend to be most vulnerable to rising rates, such as technology, have counter-intuitively also continued to rise.

    In this episode, Radhesen Naidoo, Allan Gray’s joint head of Institutional Clients and the client-servicing lead for Orbis in South Africa, hosts Orbis portfolio managers Alec Cutler and Ben Preston. As they move through world markets, they highlight many of the exciting opportunities for patient investors and explain how Orbis’s Global Equity and Global Balanced strategies differ in their approaches.

    • 51 min
    How to be a little less wrong – with James Aitken

    How to be a little less wrong – with James Aitken

    When it comes to investing, marginal improvements can make a significant difference to investment returns over time. James Aitken, the founder of Aitken Advisors, has spent three decades gaining a deep understanding of the global financial system’s plumbing. He has carefully studied markets and investors to identify the subtle differences that can help us become “a little less wrong” and produce meaningfully better outcomes over time. In conversation with Allan Gray’s chief investment officer, Duncan Artus, James shares the key things investors need to keep in mind as they traverse global markets.

    • 55 min
    From Johannesburg to Japan: How to resist the magnetism of the magnificent seven

    From Johannesburg to Japan: How to resist the magnetism of the magnificent seven

    Buoyed by the ongoing excitement around artificial intelligence, the so-called “magnificent seven” (Apple, Amazon, Google, Meta, MSFT, Nvidia and Tesla) have been able to count themselves among this year’s biggest winners. And it is easy to understand why: They are great businesses at the forefront of the latest tech developments, and they are expected to deliver exceptional growth. That said, history reminds us that it is exceptionally hard to exceed high expectations over the long term – particularly when they are already baked into a company’s share price.

    In conversation with Tamryn Lamb, Allan Gray portfolio manager Tim Acker and Graeme Forster, portfolio manager at our offshore partner, Orbis, explain why we share the belief that good, undervalued businesses with fewer hurdles to overcome remain the best bet for long-term investors. They also delve into some of their favourite global investment ideas.

    • 1 hr 4 min
    Lessons from the winners and losers of the last five years

    Lessons from the winners and losers of the last five years

    Over the last five years, deteriorating domestic conditions and rapidly developing global trends have seen some well-known stocks, and even entire industries and markets, fall in and out of favour. From Ramaphoria and the COVID-19 pandemic, to the collapse of Steinhoff and Russia’s invasion of Ukraine, investors have been tasked with figuring out who the winners might be in a very complex environment. In conversation with investment analyst Siphesihle Zwane, portfolio manager Jacques Plaut and investment analyst Pieter Koornhof discuss some of the notable winners and losers of the last five years. With the benefit of hindsight, they share some enduring lessons that investors can glean from the not-so-distant past and explain how we apply our investment approach in the current environment.

    • 47 min

Customer Reviews

5.0 out of 5
25 Ratings

25 Ratings

dieter hough ,

Transparency is everything

Being a pro AG broker love how my clients are able to so easily access their insights on the global and local economic situation local and foreign markets being so transparent super impressive keep it up 🤘

Jürgen from SA ,

What are people missing…

Great start to Allan Gray podcast. Keep it coming! Well worth a listen for anyone interested in investing and portfolio construction.

Top Podcasts In Business

The Diary Of A CEO with Steven Bartlett
DOAC
The Money Show
Primedia Broadcasting
Investec Focus Radio SA
Investec
Think Fast, Talk Smart: Communication Techniques
Stanford GSB
VT Podcast “Ideas That Matter”
Africa Podcast Network
Girls That Invest
Girls That Invest

You Might Also Like

Behind the Balance Sheet
Stephen Clapham, Behind the Balance Sheet
MoneywebNOW
Moneyweb Radio
The Meb Faber Show
Meb Faber
Forward Guidance
Blockworks
Grant’s Current Yield Podcast
Grant's Interest Rate Observer
Capital Allocators – Inside the Institutional Investment Industry
Ted Seides – Allocator and Asset Management Expert