This year, an unprecedented number of elections are being held globally, with almost four billion people from c.60 nations heading towards the polls. In the last quarter, major emerging and developed markets saw some surprise results. India’s Bhartiya Janata Party lost its majority; Mexico’s Movimiento Regeneración Nacional won a constitutional majority; the UK elected its first new governing party in 14 years; and chaos erupted in France, caused by its call of a snap election – with the Republic narrowly missing far-right dominance due to a rushed left coalition. Election anxiety reached fever pitch in South Africa (SA) during the second quarter of 2024, with the African National Congress (ANC) losing its majority, forcing it into a government of national unity (GNU) with opposition parties. US election unease has started ahead of its November ballot, and one can expect more volatility as we approach the event.
Asset manager PSG AM is a division of PSG Group which was founded in 1995 by Jannie Mounton and Chris Otto.
Around 2020, after embroiled in exceeding maximum pension mandated investments , asset manager JM Busha , did not recover and exited the unit trust industry.
Botique CI and Botique Investemnt Partners were acquired by Apex Group in year 2023.