Our macroeconomic research is focused primarily on South Africa. There are daily, weekly, monthly and quarterly research publications. Our research is distributed via subscriptions both locally and internationally. GlobalSource Partners in New York is our distribution channel for global clients. Domestically, our research is distributed directly to our subscribing clients.

Macroeconomic and fixed income research

services focused primarily on South Africa


International Clients (current and recent)

  • Abu Dhabi Investment Authority (Abu Dhabi)
  • Alphadyne Asset Management (New York/London)
  • Amstar (USA)
  • Armor Capital (New York/Switzerland)
  • Bahia Asset Management (Brazil)
  • Banque Lombard Odier Darier Hentsch & Cie SA
  • Blue Crest Capital Management LP (London)
  • Brevan Howard (London/Switzerland)
  • Broad Reach Investment Management LLP (London/Switzerland)
  • BWGI (Brazil)
  • China Investments Corporation (CIC) (Hong Kong)
  • Citigroup – SSB (London)
  • Commerzbank (London)
  • Credit Suisse Securities LLC. (USA)
  • Duquesne Family Office  LLC (New York)
  • Eaton Vance (Boston)
  • Elliot Management Corporation (London)
  • Fidelity Investments (Boston)
  • Gavea (USA)
  • GMO (Grantham, Mayo, Van Otterloo & Co. LLC.) (Boston)
  • Itau Unibanco Asset Management (Brazil)
  • Kerten (Ireland)
  • Liberty Mutual (Boston)
  • Norges Bank Investment (Norway)
  • North Western Mutual Life (USA)
  • NY Federal Reserve Bank (New York)
  • Point 72 Asset Management (Connecticut)
  • Putnam Investments (Boston)
  • Q Super (Australia)
  • Rokos Capital Management (London)
  • Sands Capital Management (Washington, DC)
  • Societe Generale Private Banking (France)
  • TD Securities Inc (NY) (London)
  • Union Investments Privatfonds (Frankfurt)
  • Wellington management Company (Boston)


Domestic Clients (current and recent)

  • Exxaro Resources (2019)
  • Mine Workers Provident Fund (2019)
  • Transnet SOC (2019)
  • Sishen Iron Ore Company (Pty) Ltd (2019)
  • Telkom 2019
  • Nedbank Corporate & Investment Banking (2019)
  • ENSafrica (2019)
  • Barclays Africa Group Limited (2018)
  • Anglo Operations (Pty) Ltd (2018)
  • Munich Re of Africa (2017)
  • Old Mutual (2017)
  • Siemens Healthcare (Pty) Ltd (2017)
  • TFT Financial (Pty) Ltd (2017)