Posts Tagged ‘wealth management’

The Power of Income Notes in an Investment Portfolio

For me as head of Carrick Wealth’s Investment Strategy, it is really satisfying when a key building block in our portfolio construction performs as planned during a market selloff. This building block is called an income note which is a subset of the broader category of structured notes. Historically used by ultra-high-net-worth individuals and family…

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Moody’s Downgrades South Africa to Junk

Moody’s Investors Service issued its junk status rating after close of trade on Friday 27th March, stripping South Africa (“SA”) of its last remaining investment-grade rating. SA’s international credit rating is now below investment grade by all three credit rating agencies, namely Moody’s, Fitch and Standard and Poor’s. The move was expected in the face…

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#Budget2020: Budget Highlights

The 2020 South African Budget delivered by Treasury yesterday is focussed on doing the right things: Directly addressing the elevated civil service wage bill by cutting it, rather than increasing taxes. Rebalancing expenditure towards capital from consumption; and Being mindful of negatively impacting economic growth amid its fiscal consolidation efforts.   Budget Framework The main…

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Time to hold your breath…it’s Budget week

Hold on to your seats and your wallets – it’s Budget week and whichever way one looks at it, it’s bound to be something of a roller-coaster week, particularly for the rand. Markets and investors are losing faith in the reform narrative and promises of President Cyril Ramaphosa’s government, whether justified or not. Having been…

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Death, Tax and more Tax

Unfortunately for South Africans, after death and taxes a third certainty affecting us is our ever-increasing tax rates. With the budget speech around the corner, tax increases are again front of mind. It is no wonder then that our investment decisions are so often driven by an overwhelming desire to save taxes. Enter Section 12J…

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Carrick Wealth wins prestigious International Adviser Best Practice Adviser Awards

Local wealth management and investment advisory firm Carrick Wealth continues to excel among its peers, having just won two more International Adviser Best Practice Adviser Awards. This is the fourth consecutive year in which the Cape Town-based firm has won what is regarded as the international financial advisory industry’s most prestigious honours. This year Carrick…

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The Upside of Falling Investment Returns

Over the course of the year I have advised several clients on their South African investment portfolios. They came to me frustrated by poor portfolio performance and concerned over their financial futures. After gaining an understanding of each respective client’s individual needs and doing a detailed Cost / Risk / Return analysis on their portfolios…

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Why clients are the core of our business strategy

Message from Craig Featherby, Founder Anyone who has started a successful business never forgets the early days. When I launched Carrick Wealth, with a handful of colleagues in 2014 we operated out of a one-room office in Cape Town. We all knew we were entering a tough market place, that we would be swimming with…

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