Prescient Fund Betting on Short-Duration South Africa Bonds

Prescient Investment Management is doubling down on short-duration South African government bonds, highlighting their attractiveness for emerging market investors amid the current global headwinds.

High real yields and interest rates, the central bank’s credibility and the progress made toward lowering inflation are all pointing to potential gains for the bonds going forward, Bastian Teichgreeber, chief investment officer at Prescient, said in an interview.