Northstar quarterly market reports
The Northstar Market Report provides powerful empirical evidence as to why we are confident that our investment philosophy and process, closely followed, will deliver market beating returns for our clients over time. This work again points to controllable factors - markets move wildly, falling in and out of love with different sectors and companies, but we have a defined formula that works and we stick to our guns by only owning quality companies when they are incorrectly valued by other investors. We discuss stocks in this report, delving into our investment cases for specific securities which we own.
CURRENT QUARTERLY REPORT
2024 – Quarter 4
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THE BIG PICTURE
Structure in uncertainty: balancing risk and expected returns
At Northstar, we rely on a disciplined and structured process to navigate the complexities of investment management, with a focus on identifying high-quality businesses and purchasing them at favourable valuations. This article explores our approach, illustrating how our framework balances risk and return expectations to generate favourable long-term returns.
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FROM THE ANALYSTS
SA equities: where from here?
South African equities have rebounded strongly since the May 2024 elections, driven by reforms, improved business confidence, and a stronger rand, with SA-sensitive sectors leading the gains. Despite the recent rally, we believe valuations remain attractive, and the investment case compelling.
QUARTERLY REPORTS ARCHIVE
Browse all our quarterly reports available by selecting the period from the dropdowns using year and date.