Sanlam investment update - slim pickings as the recovery grinds on

As global equity markets return to highs not seen since February amid rising unemployment, recession and disinflation, finding high quality companies at attractive prices has become increasingly challenging. Sanlam CIO Phil Smeaton assesses these conditions, their impact on our clients' portfolios and the investment outlook in this month's investment update.







Phil Smeaton
Chief Investment Officer

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The value of investments and any income from them can fall and you may get back less than you invested.