<?xml version="1.0" encoding="UTF-8"?><?xml-stylesheet type="text/xsl" href="//www.northstar.co.za/wp-content/plugins/wordpress-seo/css/main-sitemap.xsl"?>
<urlset xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:image="http://www.google.com/schemas/sitemap-image/1.1" xsi:schemaLocation="http://www.sitemaps.org/schemas/sitemap/0.9 http://www.sitemaps.org/schemas/sitemap/0.9/sitemap.xsd http://www.google.com/schemas/sitemap-image/1.1 http://www.google.com/schemas/sitemap-image/1.1/sitemap-image.xsd" xmlns="http://www.sitemaps.org/schemas/sitemap/0.9">
	<url>
		<loc>https://www.northstar.co.za/media_clippings/why-size-matters-april-2019/</loc>
		<lastmod>2019-07-17T12:52:27+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/right-for-the-wrong-reasons/</loc>
		<lastmod>2019-07-17T12:53:30+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/is-facebooks-fall-just-a-blip-for-tech-stocks/</loc>
		<lastmod>2019-07-17T12:54:56+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/little-gems-perhaps/</loc>
		<lastmod>2019-07-17T12:55:11+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/the-opportunity-in-mid-and-small-caps/</loc>
		<lastmod>2019-07-17T12:59:09+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/the-equity-funds-that-didnt-own-steinhoff/</loc>
		<lastmod>2019-07-17T12:59:36+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/northstar-evening-with-premier-helen-zille/</loc>
		<lastmod>2019-07-17T12:59:55+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/rmis-new-investment-management-model-ready-to-serve-the-financial-advisory-community/</loc>
		<lastmod>2019-07-17T13:00:14+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/is-it-all-doom-and-gloom-and-do-opportunities-exist-for-investors/</loc>
		<lastmod>2019-07-17T13:00:28+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/rmi-to-trade-under-new-name/</loc>
		<lastmod>2019-07-17T13:00:43+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/investors-notebook-stephen-cranston/</loc>
		<lastmod>2019-07-17T13:02:13+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/rand-merchant-insurance-chasing-asset-manager-oligopoly/</loc>
		<lastmod>2019-07-17T13:02:32+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/rmi-after-asset-manager-oligopoly/</loc>
		<lastmod>2019-07-17T13:02:53+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/money-investing-questions-for-adrian-clayton/</loc>
		<lastmod>2019-07-17T13:03:24+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/building-a-solid-record/</loc>
		<lastmod>2019-07-17T13:03:45+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/an-attractive-newcomer/</loc>
		<lastmod>2019-07-17T13:04:19+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/why-care-about-mangaung/</loc>
		<lastmod>2019-07-17T13:08:26+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/are-there-any-agms-of-jse-listed-companies-worth-attending/</loc>
		<lastmod>2019-07-17T13:09:02+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/rmi-has-70m-to-spend/</loc>
		<lastmod>2019-07-17T13:10:17+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/equity-investors-are-having-a-tough-time-and-its-not-over-yet/</loc>
		<lastmod>2019-07-17T13:10:40+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/should-one-hold-or-sell-equities-currently-considering-the-market-volatility/</loc>
		<lastmod>2019-07-17T13:11:28+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/appleton-trust-is-standard-poors-se-toppresteerder-met-447/</loc>
		<lastmod>2019-07-17T13:11:58+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/value-in-flexibility/</loc>
		<lastmod>2019-09-10T06:03:48+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/is-this-2002-for-sa-investors-all-over-again/</loc>
		<lastmod>2020-01-20T06:45:35+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/blackstone-capitalising-on-a-changing-industry-landscape/</loc>
		<lastmod>2020-02-28T07:25:09+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/3004/</loc>
		<lastmod>2020-03-31T14:03:54+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/is-this-the-end-of-the-beginning/</loc>
		<lastmod>2020-04-02T12:33:01+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/big-is-not-better-in-asset-management/</loc>
		<lastmod>2020-04-06T06:45:26+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/credit-more-risk-than-is-obvious-to-the-naked-eye/</loc>
		<lastmod>2020-05-15T07:24:54+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/why-hold-holding-companies/</loc>
		<lastmod>2020-06-30T10:25:58+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/a-better-use-for-buffetts-billions/</loc>
		<lastmod>2020-06-30T10:26:37+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/nr-relief-programme/</loc>
		<lastmod>2020-06-30T10:27:05+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/second-quarter-2020-client-letter-and-market-report/</loc>
		<lastmod>2020-07-08T10:20:41+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/why-an-integrated-approach-to-fundamental-value-informed-by-competitive-advantage-offers-better-risk-adjusted-returns/</loc>
		<lastmod>2020-08-03T08:39:17+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/whats-the-upside-in-amazon-or-tesla/</loc>
		<lastmod>2020-08-04T07:49:39+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/why-has-northstar-loaded-up-on-inflation-linkers/</loc>
		<lastmod>2020-09-25T05:43:18+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/northstar-appoints-rory-spangenberg-as-cio/</loc>
		<lastmod>2020-10-06T07:54:05+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/appointment-of-rory-spangenberg-as-cio-at-northstar/</loc>
		<lastmod>2020-10-06T13:47:17+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/northstar-global-flexible-fund-3-year-track-record/</loc>
		<lastmod>2020-10-07T08:02:20+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/is-the-rotation-to-value-sustainable/</loc>
		<lastmod>2020-12-08T08:44:04+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/fourth-quarter-2020-client-letter-and-market-report/</loc>
		<lastmod>2020-12-09T09:37:43+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/reaching-for-the-northstar/</loc>
		<lastmod>2021-01-27T07:17:24+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/how-a-top-performing-global-flexible-fund-manages-equity-exposure/</loc>
		<lastmod>2021-01-28T05:04:05+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/mind-the-gap-steep-yield-curve-ahead/</loc>
		<lastmod>2021-03-10T07:12:32+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/fourth-quarter-2020-client-letter-and-market-report-2/</loc>
		<lastmod>2021-03-26T11:37:22+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/appointment-of-rachel-finlayson-portfolio-manager/</loc>
		<lastmod>2021-04-19T12:30:48+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/fixed-income-asset-allocation-diversity-and-flexibility-a-must-have/</loc>
		<lastmod>2021-04-28T06:49:13+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/income-fund-yield/</loc>
		<lastmod>2021-05-13T04:19:52+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/naspers-prosus-share-exchange-letter/</loc>
		<lastmod>2021-07-08T07:54:01+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/second-quarter-2021-client-letter/</loc>
		<lastmod>2021-07-09T12:01:43+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/why-northstar-has-increased-its-equity-exposure-to-10-year-highs/</loc>
		<lastmod>2021-08-16T07:23:07+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/sas-top-rated-flexible-fund-managers/</loc>
		<lastmod>2021-08-27T05:36:01+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/competitive-advantage-drives-value-and-long-term-returns/</loc>
		<lastmod>2021-11-10T07:12:51+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/citywire-south-africa-awards-2021-nominees-for-best-fund-manager/</loc>
		<lastmod>2021-11-30T13:39:40+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/4th-quarter-2021-client-letter/</loc>
		<lastmod>2021-12-07T09:30:45+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/where-not-to-buy-when-inflation-is-high/</loc>
		<lastmod>2022-01-17T11:00:27+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/dont-ignore-the-price-global-equity-vs-sa-bonds/</loc>
		<lastmod>2022-02-15T04:57:54+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/where-can-you-find-value-in-the-local-equity-market/</loc>
		<lastmod>2022-03-18T05:25:58+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/busting-myths-about-growth-value-and-interest-rates/</loc>
		<lastmod>2022-03-18T05:27:46+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/reality-check-finding-an-optimal-asset-allocation/</loc>
		<lastmod>2022-04-21T12:20:16+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/beyond-inflation-the-impact-of-weaker-global-trade-on-equity-markets/</loc>
		<lastmod>2022-05-18T08:50:26+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/three-warnings-for-markets-from-company-ceos/</loc>
		<lastmod>2022-06-27T10:33:28+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/equity-market-valuations-matter-in-rising-inflation-environment/</loc>
		<lastmod>2022-06-27T10:35:25+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/second-quarter-2022-client-letter/</loc>
		<lastmod>2022-06-29T06:47:20+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/houston-we-have-a-problem/</loc>
		<lastmod>2022-07-18T07:50:31+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/sa-equities-opportunity-or-value-trap/</loc>
		<lastmod>2022-08-17T11:09:22+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/the-market-has-never-looked-so-disconnected-from-its-own-history/</loc>
		<lastmod>2022-09-19T10:02:12+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/are-we-seeing-early-signs-of-japan-style-deflation-in-china/</loc>
		<lastmod>2022-09-26T10:01:03+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/even-at-4-its-too-early-to-buy-us-treasuries/</loc>
		<lastmod>2022-10-19T09:44:17+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/how-important-is-sa-growth-to-the-investment-case-for-local-equity/</loc>
		<lastmod>2022-11-15T08:06:54+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/release-of-chatbot-app-chatgpt-lets-the-genie-out-of-the-bottle/</loc>
		<lastmod>2023-01-16T08:47:51+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/are-these-sas-best-income-funds/</loc>
		<lastmod>2023-03-03T08:19:22+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/fund-management-should-be-driven-by-process-not-personality/</loc>
		<lastmod>2023-03-03T08:28:17+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/value-is-starting-to-show-in-stable-dividend-payers/</loc>
		<lastmod>2023-03-16T08:48:00+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/we-know-our-top-50-buy-list-stocks-better-than-our-families/</loc>
		<lastmod>2023-04-21T08:20:49+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/client-letter-q1-2023/</loc>
		<lastmod>2023-04-21T08:22:43+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/northstar-asset-management-boutiques-on-wednesday/</loc>
		<lastmod>2023-04-24T07:49:13+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/northstar-launches-global-income-fund/</loc>
		<lastmod>2023-06-26T07:55:04+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/evaluating-the-optimal-offshore-allocation-for-retirement-funds/</loc>
		<lastmod>2023-08-07T06:35:20+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/a-tidal-turn-on-horizon-for-emerging-markets/</loc>
		<lastmod>2023-12-04T09:23:45+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/client-letter-q2-2023/</loc>
		<lastmod>2023-12-04T09:27:41+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/client-letter-q3-2023/</loc>
		<lastmod>2023-12-04T09:29:29+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/client-letter-q4-2023/</loc>
		<lastmod>2023-12-04T09:32:42+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/client-letter-q1-2024/</loc>
		<lastmod>2024-03-25T07:59:30+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/sa-inc-still-has-much-to-offer-investors/</loc>
		<lastmod>2024-06-03T08:59:18+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/client-letter-q2-2024/</loc>
		<lastmod>2024-06-24T07:43:42+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/im-not-a-fan-of-gut-instinct-top-performing-income-pm/</loc>
		<lastmod>2024-07-10T10:05:20+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/the-money-show/</loc>
		<lastmod>2024-09-02T10:10:17+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/power-talk/</loc>
		<lastmod>2024-09-02T10:12:08+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/investing-success-comes-from-an-awareness-of-history/</loc>
		<lastmod>2024-09-02T10:13:54+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/client-letter-q3-2024/</loc>
		<lastmod>2024-09-26T08:55:19+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/the-money-show-2/</loc>
		<lastmod>2024-11-05T10:48:54+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/the-money-show-3/</loc>
		<lastmod>2024-11-05T10:50:34+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/first-avenue-and-northstar-expect-to-merge-within-18-months/</loc>
		<lastmod>2024-11-05T11:02:16+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/client-letter-q4-2024/</loc>
		<lastmod>2025-01-10T12:01:39+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/best-payback-is-to-build-knowledge-about-businesses-in-which-to-invest/</loc>
		<lastmod>2025-01-13T09:42:25+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/gnu-is-looking-more-likely-to-break-apart/</loc>
		<lastmod>2025-04-17T11:14:42+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/trumps-return-policies-personality-and-market-mayhem/</loc>
		<lastmod>2025-05-05T09:49:56+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/power-talk-us-and-china-agree-to-cut-tariffs/</loc>
		<lastmod>2025-05-14T10:10:18+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/client-letter-q2-2025/</loc>
		<lastmod>2025-06-30T10:11:07+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/valuations-on-thin-ice-lessons-from-a-century-of-markets/</loc>
		<lastmod>2025-08-18T11:34:26+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/market-distortion-sets-off-alarm-bells/</loc>
		<lastmod>2025-12-08T11:56:30+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/client-letter-q4-2025/</loc>
		<lastmod>2025-12-08T12:03:26+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/global-flexible-client-letter-march-2026/</loc>
		<lastmod>2026-03-26T06:14:25+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/client-letter-q1-2026/</loc>
		<lastmod>2026-03-26T06:29:37+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/large-enough-to-count-small-enough-to-care/</loc>
		<lastmod>2026-03-30T07:23:27+00:00</lastmod>
	</url>
	<url>
		<loc>https://www.northstar.co.za/media_clippings/we-strongly-try-to-avoid-running-on-intuition/</loc>
		<lastmod>2026-06-03T08:24:31+00:00</lastmod>
	</url>
</urlset>
<!-- XML Sitemap generated by Yoast SEO -->