3 years ago

Blue Chip Journal Issue 75 - April 2020

  • Text
  • Technology
  • Dfms
  • Funds
  • Retirement
  • Insurance
  • Management
  • Funds
  • Management
  • Investment
  • Planning
  • Investors
  • Planner
  • Markets
  • Global
  • Equity
  • Wealth
  • Hedge
Blue Chip is a quarterly journal for the financial planning industry and is the official publication of the Financial Planning Institute of Southern Africa NPC (FPI), effective from the January 2020 edition.Blue Chip carries contributions from FPI, carrying FPI branding, and other leading industry figures, covering all aspects of the financial planning industry. A total of 10 000 copies of the publication are distributed directly to every CERTIFIED FINANCIAL PLANNER® (CFP®) in the country, while the Blue Chip e-newsletter (launch date January 2020) reaches the full FPI membership base. FPI members are able to earn one non-verifiable Continuous Professional Development (CPD) hour per edition of the print journal (four per year) under the category of Professional Reading. Blue Chip is also distributed at key FPI events including the FPI Professionals Convention, the Financial Planner of the Year Awards Dinner and regional FPI Masterclasses. Special advertising packages in Blue Chip are available to FPI Corporate Partners, FPI Recognised Education Providers and FPI Approved Professional Practices.


CONTENTS ISSUE 75 • APRIL 2020 04 SO, HOW IS YOUR 2020 SO FAR? Message from the FPI 20 FPI AND WOMEN IN FINANCE Working together to transform our industry 42 THE FUTURE OF WEALTH IN SOUTH AFRICA The ideal future client is a black millennial woman 44 LEADING CLIENTS TO BETTER DECISIONS How to future-proof your business by integrating tech into the advice process 46 CLIENT BEFORE COMPLIANCE How to future-proof in the new regulatory compliance 48 PREPARE FOR THE DECADE TO COME Future-proofing FPI by putting members first 06 BLOOD ON THE FLOOR Letter from the editor 10 ON THE MONEY Milestones celebrated, events anticipated 16 HOW TO NAVIGATE A CRISIS Sound investment principles are more important than ever 18 THE CHINESE EXPERIENCE OF COVID-19 Does China’s experience of Covid-19 provide a gauge of what to expect elsewhere? 22 LEVERAGE THE HEDGE Hedge funds aim to deliver equity-like returns without the deep draw-downs normally associated with equity markets 27 DILIGENT EVALUATION How to get the most out of your relationship with your DFM 28 TAPPING INTO FAMILY OFFICE INVESTORS What private equity fund managers need to know 32 HOW WOULD YOU LIKE TO DIE Getting to grips with the facts of death 36 THINKING BEYOND THE CRISIS Perspective is crucial when it comes to long-term investing 38 HUMANS UNDER MANAGEMENT The impact of Covid-19 on your client’s financial plan 40 HOW WE’RE MANAGING MONEY IN THE EYE OF THE STORM As Covid-19 changes, the way we work, being flexible, supportive and resilient will be crucial 51 DEPLOYING TECHNOLOGY IN BUSINESS It’s a journey, not a destination 52 THE PERSONAL SIDE OF FINANCIAL PLANNING A reflection by Bruce Fleming CFP®, Financial Planner of the Year 2016 54 BREAKING THE MOULD Nthabiseng Maidi is integrating business advisory and wealth management services – and extending transformation in the process Publisher: Chris Whales Publishing director: Robert Arendse Editor: Greg Penfold Managing editor: Alexis Knipe Managing director: Clive During Online editor: Christoff Scholtz Art director: Brent Meder Designer: Simon Lewis Production: Lizel Olivier Ad sales: Sam Oliver, Gavin van der Merwe, Jeremy Petersen, Bayanda Sikiti Administration & accounts: Charlene Steynberg and Natalie Koopman Subscriptions: Lee-Ann Lawrence Fax: +27 (0) 21 683 4364 RSA: R125.70, Foreign: R335.70 Distribution & circulation manager: Edward MacDonald Printing: FA Print PUBLISHED BY Global Africa Network Media (Pty) Ltd Company Registration No: 2004/004982/07 Directors: Clive During, Chris Whales Physical address: 28 Main Road, Rondebosch 7700 Postal address: PO Box 292, Newlands 7701 Tel: +27 21 657 6200 Fax: +27 21 674 6943 Email: Website: No portion of this book may be reproduced without written consent of the copyright owner. The opinions expressed are not necessarily those of Blue Chip, nor the publisher, none of whom accept liability of any nature arising out of, or in connection with, the contents of this book. The publishers would like to express thanks to those who support this publication by their submission of articles and with their advertising. All rights reserved.

Advice software. Built for better performance.

Other recent publications by Global Africa Network: