LOCAL ASSET MANAGER WARY OF BITING INTO APPLE

April 2012: While some US analysts are predicting that Apple stock would push past the $1,000 per share barrier in the next twelve months, making it the first $1 trillion company, value based asset manager RE:CM says the more “boring” technology companies such as Dell, Microsoft and Intel offer a more sensible prospect for investors. 

 THE CHALLENGES AND OPPORTUNITIES OF INVESTING IN CYCLICAL BUSINESS

January 2011: While value based asset manager RE:CM believes pockets of affordability have started to appear in certain cyclical stocks, particularly in the resources sector, it cautions investors looking to take advantage of these opportunities to ensure they understand the vagaries of valuing and assessing these companies.

THE VALUE INVESTORS' PERSPECTIVE ON SOUTH AFRICAN RESIDENTIAL PROPERTY

Opinion piece by Wilhelm Hertzog, portfolio manager at RE:CM

October 2011: While residential property is no longer as wildly overpriced as was the case a few years ago, research conducted by RE:CM suggests that the asset class is still far from cheap and currently offers rental yields well below what investors would consider a fair return.

VOLATILE MARKETS HIGHLIGHT IMPORTANCE OF SELECTING THE RIGHT FUND MANAGER

August 2011: The recent volatility in local and global stock markets has highlighted the importance for investors to follow a more robust selection process when deciding on which funds to invest their hard earned savings in.

RE:CM FINDS VALUE IN PHARMACEUTICAL AND HEALTHCARE COMPANIES

August 2011: The share prices of global pharmaceutical and healthcare companies have underperformed significantly since 2000. These businesses do, however, present good opportunities for investors looking to achieve long-term capital growth by investing in shares that are trading at historically low multiples. 

LOCAL ASSET MANAGER BUCKS TREND BY INVESTING IN GREEK CEMENT COMPANY

July 2011: Given the negative news around both Greece and cement companies, the overwhelming majority of investors would be extremely unlikely to be invested in either of these two areas. It may therefore come as a surprise that one local asset manager has a significant stake in a Greek cement company – Titan Cement.

SOUTH AFRICAN RETAIL STOCKS OVERVALUED AT CURRENT LEVELS

-BUT VALUE LIES IN OFFSHORE RETAILERS

July 2011: While local food retailers are fantastic businesses, they do not present an attractive value proposition for investors when compared with their global counterparts. 

BEWARE THE SOCIAL NETWORK INVESTING HYPE, SAYS RE:CM

June 2011: The recent clamour for stakes in social networking companies has highlighted the growing trend by investors to invest in what they believe will be ‘the next big thing’ in this burgeoning industry. However, Paul Whitburn, analyst at asset management company, RE:CM, says that while there will undoubtedly be some winners among these companies, there is currently very little margin of safety in these shares and they should be treated with caution by investors who cannot afford potentially large capital losses.

RE:CM CAUTIONS INVESTORS ON EMERGING MARKETS AND COMMODITIES

May 2011: RE:CM, a value based asset manager that invests only in under-valued businesses, has cautioned investors to be wary of getting caught up in the hype around emerging markets and commodities, both of which it believes are overvalued at present.

 ASSET MANAGER CHALLENGES MODERN PORTFOLIO THEORY

May 2011: While almost everyone in the investment industry agrees with the fact that asset allocation is a key driver of overall portfolio performance, they are divided as to how to do it, what the appropriate asset classes are, whether asset class weights should be dynamic or fixed and how asset allocation should be determined.