STANLIB Podcasts

In this podcast, STANLIB’s Chief Economist, Kevin Lings, looks closely at underlying US inflation and labour trends. Inflation shows a clear drift upwards as a result of tariffs, while labour market signals are uncertain, presenting a dilemma for the US Federal Reserve in determining interest rates. Kevin also examines SA’s surprising uplift in economic performance in Q2 2025.

Click here to listen to the podcast.

STANLIB Asset Management (Pty) Ltd is an authorised Financial Services Provider in terms of the FAIS Act. This should not be construed as advice.

In this podcast, STANLIB’s Chief Economist, Kevin Lings, explores some of the outstanding issues in US tariff implementation. He also discusses the early signs of how the effective tariff into the US of 18.6%, against below 3% a year ago, will affect consumer spending, inflation, economic growth and interest rates.

Click here to listen to the podcast.

STANLIB Asset Management (Pty) Ltd is an authorised Financial Services Provider in terms of the FAIS Act. This should not be construed as advice.

Marius Oberholzer, Head of STANLIB Multi-Asset, says chaotic announcements on US tariffs caused wild swings in markets at the start of Q2, but by July asset prices were heading for new highs. The Multi-Asset team has become more cautious in its equity exposure since December, given policy uncertainty, and its bottom-up strategy in this environment. He also discusses the continued attractiveness of the US market and the potential in other regions. Click here to listen to the podcast.

STANLIB is an authorised Financial Services Provider in terms of the FAIS Act and a registered Manager in terms of CISCA. Please refer to MDD/Factsheet available on www.stanlib.com for additional information about the Fund. This should not be construed as advice.

In this podcast, Sylvester Kobo, Deputy Head of STANLIB Fixed Income, describes how the team’s views evolved through Q2 2025. After the US Liberation Day announcements, duration in the STANLIB Flexible Income Fund was reduced from three to about 1.5 years. With continuing uncertainty over tariffs, the fund maintains a defensive position, but its allocation to cash and inflation-linked bonds helped it to outperform its benchmark in the quarter. Sylvester also touches on offshore investor flows into and out of SA bonds and the SARB’s new, lower inflation target. You can access the podcast here.

STANLIB is an authorised Financial Services Provider in terms of the FAIS Act and a registered Manager in terms of CISCA. Please refer to MDD/Factsheet available on www.stanlib.com for additional information about the Fund. This should not be construed as advice.

In Q2 2025, the SA equity market was largely driven by an irrational surge in positive sentiment towards gold and platinum group metals stocks, which was not justified by company fundamentals. In this podcast, Rademeyer Vermaak, Head of STANLIB Systematic Solutions, analyses the impact on the short-term performance of the STANLIB Enhanced Multi Style Equity Fund in Q2 2025. Rademeyer says the team remains confident of its process and believes that either sentiment will switch, or fundamentals will catch up in the next quarter.

STANLIB is an authorised Financial Services Provider in terms of the FAIS Act and a registered Manager in terms of CISCA.

Please refer to MDD/Factsheet available on www.stanlib.com for additional information about the Fund. This should not be construed as advice.

In Q2, there was a wider dispersion between the winners and the losers, says Amit Parmar investment specialist in J.P. Morgan Asset Management’s International Equity Group, which co-manages the STANLIB Global Select Fund’s strategy. In this podcast, he discusses the performance and adjustments made to the stocks within the global select portfolio, the team’s views on how these stocks will perform in the next quarter and how the fund has been positioned to take advantage in the current market environment.

STANLIB is an authorised Financial Services Provider in terms of the FAIS Act and a registered representative Manager in terms of CISCA.

J.P. Morgan Asset Management (UK) Limited is an offshore strategic partner to STANLIB Asset Management (Pty) Ltd and is authorised and regulated by the UK’s Financial Conduct Authority.

This content should not be construed as advice.

Corporate SA’s debt levels have plunged to a 19-year low, leaving balance sheets flush with nearly R1.5 trillion in largely undeployed cash reserves. What’s driving this cautious capital positioning, and where is all that money going?

In this episode, Charlene Klöhn, Head of Corporate Cash Solutions at STANLIB is joined by Kevin Lings, STANLIB Chief Economist, to unpack the shifting dynamics in the money market and enhanced yield space. They explore the strategic thinking behind corporate cash hoarding, the macroeconomic signals influencing these decisions, and the investment avenues currently gaining momentum.

Any commentary or forecasts indicated in this document are for information purposes only and not guaranteed to occur. Additional information about products/funds is available on the Minimum Disclosure Document/Factsheets which can be obtained from the website (www.stanlib.com).

STANLIB is an authorised Financial Services Provider in terms of FAIS and a registered representative manager in terms of CISCA.

The SA Reserve Bank has cut the repo rate by 25 bps to 7% and said it would focus on achieving 3% inflation. In this podcast, STANLIB’s Chief Economist, Kevin Lings, analyses the benefits and timing of the new goal. He also unravels the emerging slowdown in US job creation, which has raised concerns and changed the outlook for US interest rates.

Click here to listen to the podcast.

STANLIB Asset Management (Pty) Ltd is an authorized Financial Services Provider in terms of the FAIS Act. This should not be construed as advice.

In Q2 2025, the SA equity market was largely driven by an irrational surge in positive sentiment towards gold and platinum group metals stocks, which was not justified by company fundamentals. In this podcast, Rademeyer Vermaak, Head of STANLIB Systematic Solutions, analyses the impact on the short-term performance of the STANLIB Enhanced Multi Style Equity Fund in Q2 2025. Rademeyer says the team remains confident of its process and believes that either sentiment will switch, or fundamentals will catch up in the next quarter. Click here to listen.

STANLIB is an authorized Financial Services Provider in terms of the FAIS Act and a registered Manager in terms of CISCA. Please refer to MDD/Factsheet available on www.stanlib.com for additional information about the Fund. This should not be construed as advice.

With SA’s inflation rate lifting to 3% in June, STANLIB’s Chief Economist Kevin Lings looks at the main categories driving inflation upwards and the likelihood of the economy achieving the Reserve Bank’s 3% target. He also examines some of the recent tariff agreements announced between the US and various trading partners and what this means for US inflation, economic growth and future global trading patterns, as well as for SA.

Click here to listen to the podcast.

STANLIB Asset Management (Pty) Ltd is an authorised Financial Services Provider in terms of the FAIS Act. This should not be construed as advice.