Post the tariff turmoil, investors are reconsidering their exposure to the US market. In this episode of No Ordinary Wednesday, Annelise Peers, Chief Investment Officer at Investec Switzerland, and Richard Cardo, Portfolio Manager and Head of Single Manager Investments at Investec, who oversees the Investec Global Leaders Fund, delve into the macroeconomic and market dynamics reshaping global asset allocation. Investec Focus Radio SA

In this episode, Lieze-Marie Brink and Jacques Van Niekerk from the Investec Tax and Fiduciary team discuss the key aspects of estate planning and drafting a will in South Africa. They cover what should be included in a will, how to get started, and the importance of updating it after major life changes.

Jump to topics of interest

00:00 Introduction

01:30 Why wills are important

02:45 The cost of a will

03:35 What happens if you don’t have a will

04:15 The laws of interstate succession

05:00 What makes a will valid in South Africa?

08:00 Where to start with drafting a will in South Africa

08:45 How often do you need to update your will

12:30 Consider your marriage regime when drafting your will

14:30 Religious provisions in your will

15:10 Joint wills

17:00 Will vs letter of wishes

19:00 Offshore assets and jurisdiction

21:30 Where should wills be kept?

23:00 The importance of talking to your loved ones about deceased estate administration Everything Counts podcast series · Investec Focus Radio SA

Where are investors seeking refuge amid uncertainty? And will the recent rebound in global stocks last? In this episode of No Ordinary Wednesday, Investec Wealth and Investment International's Chief Investment Strategist Chris Holdsworth, and investment strategist Osa Mazwai explore the ongoing impact of US President Donald Trump’s tariff policies.

Podcast key moments:

00:00 – Introduction

01:09 – What’s been the market reaction since Trump’s tariff about turn?

01:46 – Why was there a huge bond sell-off?

03:05 – What does the US bond market turbulence mean for SA?

04:21 – Is the US still a go-to safe haven?

05:26 – What other safe havens are investors looking to?

06:58 – Can China rely on domestic demand to drive growth?

08:39 – How does the tariff pause on SA impact investor sentiment?

10:11 – What are markets watching regarding the GNU?

12:05 – Currency expectations?

13:09 – Recession in the US?

14:37 – How are tariffs disrupting global supply chains?

Read more on www.investec.com/now

Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business. Investec Focus Radio SA

US markets have been behaving unusually of late, with Treasury yields rising (weakening) even as the US dollar weakens. Chris Holdsworth, Chief Investment Strategist, Investec Wealth & Investment International, argues that this reflects a sizeable negative shift in perceptions about the US economy, with US assets failing to exhibit their usual safe haven qualities in times of trouble. Investec Focus Radio SA

In this special edition of Investec’s No Ordinary Wednesday podcast, we delve into the recent market turmoil following President Donald Trump's controversial tariff announcements, which led to a staggering $5 trillion loss in the S&P 500 in just two days. Investec Wealth & Investment International’s Chief Investment Strategist, Chris Holdsworth, and Investment Strategist, Osagyefo Mazwai discuss implications for the global and local economies, investment portfolios and the future of markets.

Podcast key moments:

00:00 – introduction

01:01 - What’s the Global Investment Strategy Group’s view on Trump’s strategy and how does it impact its risk score?

03:00 - Is this all bark and no bite on Trump’s behalf? Could Trump roll back any of the tariffs?

03:54 - Is there method in Trump’s madness? Could these tariffs play to his ambitions of boosting local manufacturing, reducing debt and improving the life of the majority of Americans?

05:55 - US recession fears are mounting, are these valid? What would the knock-on consequences be for global growth and earnings?

06:39 – Where are the opportunities for investors amidst the chaos?

07:50 - South Africa’s exposure to tariffs?

09:24 - What options does the South African government have when it comes to responding to the tariffs?

10:30 – The uncertainty with the government of national unity is weighing heavily on local markets. How will this play out?

12:17 - With all this uncertainty, how is Investec’s Global Investment Strategy Group positioned on South Africa?

13:30 - South Africa has strong trade ties with both the US and China. How could these tariffs affect the country’s trade balance?

14:22 - Should we be concerned about further rand weakness?

15:20 - With no end in sight to geopolitical tensions and global trade shifts, what is the outlook for the global economy over the next 12 months?

Read more on www.investec.com/now

Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business. Investec Focus Radio SA

When planning your estate, understanding the tax implications on a deceased estate is crucial. In this episode of Everything Counts, we dive into estate duty, capital gains tax, income tax after death, and how trusts can help with tax efficiency and asset protection.

Joining the discussion are:

• Nikki Bush: Renowned speaker and author, who shares her personal journey of loss and resilience.

• Lieze-Marie Brink: Legal and financial expert at Investec, providing crucial estate planning insights.

• Navashni Rajkumar: Financial advisor dedicated to financial literacy and planning. Managing Taxes in a Deceased Estate · Investec Focus Radio SA

The fallout from US President Donald Trump’s ‘Liberation Day’ tariffs continued on global markets on Monday. Chris Holdsworth, Chief Investment Strategist, Investec Wealth & Investment International, discusses the big question of whether the tariffs will lead to a recession in the US and elsewhere, and what the long-term damage to confidence will be, even if there is a reversal in policy. Investec Focus Radio SA

South Africa’s economic revival hinges on mobilising private capital for infrastructure. With fiscal pressures mounting, public-private partnerships (PPPs) offer a crucial path to sustainable growth. Lourens van Rensburg, head of Corporate and Institutional Banking at Investec, and Martin Meyer, head of Energy & Infrastructure Finance, dissect key insights from Investec’s SA Economic Reform Conference. What will it take to unlock investment—and why is time running out?

Podcast key moments:

00:00 - Introduction

01:29 - Is there a fundamental shift in the relationship between the public and private sectors?

04:25 – What factors have contributed to the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) success?

06:31 - Eskom has added a new 800-megawatt unit at the Kusile Power Station, are we out of the woods regarding electricity generation?

09:30 – What can improve the bankability of infrastructure projects?

13:11 - What strategies are crucial for revitalising our manufacturing sector, and how can public-private partnerships play a role in this effort?

15:40 - How do you ensure that infrastructure development prioritises not only economic growth but also sustainability and the needs of local communities?

18:30 - What key infrastructure development lessons can South Africa draw from India?

20:18 - What is the one thing that needs to happen to get the flywheel of private sector investment turning?

Read more on www.investec.com/now

Hosted by seasoned broadcaster, Jeremy Maggs, the No Ordinary Wednesday podcast unpacks the latest economic, business and political news in South Africa, with an all-star cast of investment and wealth managers, economists and financial planners from Investec. Listen in every second Wednesday for an in-depth look at what's moving markets, shaping the economy, and changing the game for your wallet and your business. Investec Focus Radio SA

The fall in US over the last two months stands in stark contrast to the market performance at the start of President Donald Trump’s first term in office and has been the worst total return for the S&P 500 at this point of a presidency since George W Bush’s first term. Chris Holdsworth, Chief Investment Strategist, Investec Wealth & Investment International, looks at how markets have performed so far this year. Investec Focus Radio SA

In this episode, Motheo is joined by Lieze-Mari Brink (from Investec's tax and fiduciary team), Nirvashni Rajkumar (an Investec financial adviser) and Nikki Bush (best-selling author and women’s empowerment champion). They simplify the complexities of estate planning, outline the responsibilities of executors and they highlight the importance of having clear and detailed records. These are just some of the emotional and logistical challenges involved in winding up an estate.

Their discussion also stresses the importance of having a well-prepared will, including letters of wishes, to help guide your loved ones and prevent conflicts. Keeping your records organised can make things much easier for your family when the time comes.

Everything Counts is a bi-weekly podcast series that focuses on money and financial wellness. Hosted by 702's Motheo Khoaripe, each episode tackles various aspects of personal finance, including saving, spending, investing, pitfalls to avoid and tricks to succeed. The podcast aims to provide valuable information and expert guidance to help listeners improve their financial well-being.

Key moments:

00:00 Introduction

01:56 Obtaining a death certificate

03:14 Timelines for wrapping up a deceased estate

05:06 Nikki Bush’s experience with estate planning

07:53 Liquidity planning for your estate

08:50 How your marriage regime impacts your deceased estate plan

10:04 The value of a life insurance policy after death

11:06 Why estate planning is essential for everyone

11:47 The importance of having a financial advisor

12:14 The importance of sharing information with family in case of death

14:10 The quickest ways to wind up an estate efficiently

16:51 How to appoint an executor

17:45 The role of an executor in deceased estate administration

18:01 The complexities of nominating a family member as your executor

21:16 What should be in your will?

21:32 A will vs a letter of wishes

22:57 Organising your most important documents

25:22 Investec’s Life File checklist

26:01 Critical documents to have on hand Investec Focus Radio · Listen to the full series · Investec Private Vault