Vestact

Vestact Vestact is an employee-owned active investment manager headquartered in Melrose Arch, Johannesburg, South Africa.

The company offers premium and exclusive investment management services to private clients. We manage assets on behalf of our clients through segregated portfolios on the Johannesburg Stock Exchange and the New York Stock Exchange. Vestact was founded in 2002 and since inception our model portfolio has achieved an annual return of 23.1% per year, well above the return on the JSE Alsi 40 (17.3%) over the same period.

Market Scorecard US markets climbed higher yesterday, propelling both the S&P500 and the Dow Jones to new record highs. ...
13/08/2021

Market Scorecard US markets climbed higher yesterday, propelling both the S&P500 and the Dow Jones to new record highs. Healthcare and technology shares outperformed, while energy and industrials lagged. Let's see if this rally will survive Friday the 13th. There's been a partial shutdown of a major port in China due to a Delta variant outbreak. The shutdown is starting to raise some eyebrows as market participants fear a repeat of last year's pandemic shipping woes....

Market Scorecard US markets climbed higher yesterday, propelling both the S&P500 and the Dow Jones to new record highs. Healthcare and technology shares outperformed, while energy and industria…

Market Scorecard US inflation data released yesterday was broadly in line with expectations. Inflation seems to be slowi...
12/08/2021

Market Scorecard US inflation data released yesterday was broadly in line with expectations. Inflation seems to be slowing from the high reads in April, May and June. The Fed's forecast suggested that the spike in consumer prices would be transitory, so this was welcome news. The market rallied, on the assumption that the Fed will continue its loose monetary policy....

Market Scorecard US inflation data released yesterday was broadly in line with expectations. Inflation seems to be slowing from the high reads in April, May and June. The Fed’s forecast sugge…

Market Scorecard The market moves yesterday were the inverse of Monday. Oil stocks moved higher, the technology sector t...
11/08/2021

Market Scorecard The market moves yesterday were the inverse of Monday. Oil stocks moved higher, the technology sector traded lower and the S&P500 had a green day. These fluctuations are meaningless, just normal market movements. Locally, the market would have closed in the red if it wasn't for Naspers and Prosus surging by 10%. Precious metal miners had a particularly bad day with AngloGold Ashanti and Goldfields down 8% and 4%, respectively....

Market Scorecard The market moves yesterday were the inverse of Monday. Oil stocks moved higher, the technology sector traded lower and the S&P500 had a green day. These fluctuations are meanin…

Market Scorecard US jobs numbers for July smashed expectations, showing strong employment growth and lowering the unempl...
10/08/2021

Market Scorecard US jobs numbers for July smashed expectations, showing strong employment growth and lowering the unemployment level. In Friday trade, market indices set new all-time highs. We had the day off, but global markets were mixed on Monday. An increase in Covid cases has traders worried about renewed global shutdowns. The S&P500 was slightly lower while the tech-focused Nasdaq was higher....

Market Scorecard US jobs numbers for July smashed expectations, showing strong employment growth and lowering the unemployment level. In Friday trade, market indices set new all-time highs. We had …

Market Scorecard US markets enjoyed a strong trading day yesterday, with a healthy rebound from travel, technology and f...
06/08/2021

Market Scorecard US markets enjoyed a strong trading day yesterday, with a healthy rebound from travel, technology and financial services companies. Both the Nasdaq and S&P500 finished the session at fresh new highs. The broad index notched its 43rd record close of the year, while the Nasdaq reached its 27th record in 2021. According to data from Refinitiv, 427 companies in the S&P500 index have now reported their second quarter results, with 87% of them beating on revenues and 88% beating on profits....

Market Scorecard US markets enjoyed a strong trading day yesterday, with a healthy rebound from travel, technology and financial services companies. Both the Nasdaq and S&P500 finished the sess…

Market Scorecard US markets cooled off a bit yesterday after new economic data showed that the private sector added fewe...
05/08/2021

Market Scorecard US markets cooled off a bit yesterday after new economic data showed that the private sector added fewer jobs than economists expected for July. The ADP report showed an extra 330 000 jobs, almost half the expected number. A positive data point came from the US services sector, showing that activity accelerated in July and comfortably beat economists' expectations....

Market Scorecard US markets cooled off a bit yesterday after new economic data showed that the private sector added fewer jobs than economists expected for July. The ADP report showed an extra 330 …

Market Scorecard US markets finished up across the board last night, erasing Monday's losses and printing a new record h...
04/08/2021

Market Scorecard US markets finished up across the board last night, erasing Monday's losses and printing a new record high. Healthcare stocks like Amgen and Johnson & Johnson outperformed, while travel counters faltered. In company news, sports apparel maker Under Armour jumped 7.5% after the company swung back to profits in the second quarter, on the back of strong sales to runners, golfers and workout freaks....

Market Scorecard US markets finished up across the board last night, erasing Monday’s losses and printing a new record high. Healthcare stocks like Amgen and Johnson & Johnson outperforme…

Market Scorecard US markets gave up their early gains on Monday and closed slightly lower. Investors have been upbeat on...
03/08/2021

Market Scorecard US markets gave up their early gains on Monday and closed slightly lower. Investors have been upbeat on recent company results, and buoyed by the idea that the economy was indeed on the up and up. From time to time that confidence wanes and concerns about Covid rear their ugly head. In company news, Disney's latest movie Jungle Cruise raked in $90 million on its debut weekend, with two-thirds of that from movie theatres and one-third from the Disney + streaming service....

Market Scorecard US markets gave up their early gains on Monday and closed slightly lower. Investors have been upbeat on recent company results, and buoyed by the idea that the economy was indeed o…

Market Scorecard US markets slipped back on the final day of July trading, but all major indexes managed to notch their ...
02/08/2021

Market Scorecard US markets slipped back on the final day of July trading, but all major indexes managed to notch their sixth month of gains in 2021. That's not bad considering the mood swings we've seen recently over the Covid-19 Delta variant and the resurgence of inflation. The S&P500 and the Nasdaq gained 2.3% and 1.2% in July, respectively....

Market Scorecard US markets slipped back on the final day of July trading, but all major indexes managed to notch their sixth month of gains in 2021. That’s not bad considering the mood swing…

Market Scorecard US markets rose to record highs again yesterday, shrugging off data that showed the economic recovery s...
30/07/2021

Market Scorecard US markets rose to record highs again yesterday, shrugging off data that showed the economic recovery slowing slightly. US second-quarter GDP grew by 6.5%, falling short of economists' expectations of 8.4%. This is still very impressive growth! In company news, shares of electric vehicle start-up Nikola tanked by 15% after its founder, Trevor Milton, was charged with three counts of fraud by US prosecutors…...

Market Scorecard US markets rose to record highs again yesterday, shrugging off data that showed the economic recovery slowing slightly. US second-quarter GDP grew by 6.5%, falling short of economi…

Market Scorecard US markets held steady yesterday after the Fed kept interest rates near zero, but hinted that it was ge...
29/07/2021

Market Scorecard US markets held steady yesterday after the Fed kept interest rates near zero, but hinted that it was getting closer to cutting back on stimulus. In company news, Robinhood is working on a feature to let users invest their spare change. RIP Acorns (a rival service which does the same thing)! Elsewhere, the Zuck said Instagram reels video duration has increased from 30 seconds to 60 seconds....

Market Scorecard US markets held steady yesterday after the Fed kept interest rates near zero, but hinted that it was getting closer to cutting back on stimulus. In company news, Robinhood is worki…

Market Scorecard US markets slipped from all-time highs yesterday, breaking a five-trading day winning streak. Tech gian...
28/07/2021

Market Scorecard US markets slipped from all-time highs yesterday, breaking a five-trading day winning streak. Tech giants, Alphabet, Amazon, Apple and Facebook weighed on the market in anticipation of their earnings, while travel-related companies also softened. However, do try to keep things into perspective, since the S&P500 and Nasdaq Composite are still up 17% and 14% for the 2021 calendar year…...

Market Scorecard US markets slipped from all-time highs yesterday, breaking a five-trading day winning streak. Tech giants, Alphabet, Amazon, Apple and Facebook weighed on the market in anticipatio…

Address

The Firestation, 16 Baker Street, Rosebank
Johannesburg
2196

Opening Hours

Monday 07:00 - 17:00
Tuesday 07:00 - 17:00
Wednesday 07:00 - 17:00
Thursday 07:00 - 17:00
Friday 07:00 - 17:00

Telephone

+27785331063

Website

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