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What the FLAC is going on?

South Africa’s banks are gearing up for significant issuances – a shift that could reshape listed credit markets and redefine future bank funding curves. We unpack the structure, risks, and market implications of First Loss After Capital (FLAC) instruments – and what it all means for investors.

Perpetua Perspectives Spring Edition 2019

Perpetua Perspectives Spring Edition 2019 By Perpetua Investment Managers The third quarter remained a challenging environment in South Africa.  In markets, domestic equities continued to deliver poor returns. 

Perpetua Perspectives Winter Edition 2019

Perpetua Perspectives Winter Edition 2019 By Perpetua Investment Managers The second quarter was eventful in terms of markets and politics. In South Africa we saw a peaceful election

Perpetua Perspectives Autumn Edition 2019

Perpetua Perspectives Autumn Edition 2019 By Perpetua Investment Managers The year started on a more positive note for markets, but a more sobering note for the economy

Perpetua Perspectives Edition 3, 2018

Perpetua Perspectives: Edition 3, 2018 By Perpetua Investment Managers In this edition, we provide insight into the investment environment and discuss opportunities we find attractive in the

Perpetua Perspectives Edition 2, 2018

Perpetua Perspectives: Edition 2, 2018 By Perpetua Investment Managers Our bottom-up stock selection process continues to identify these attractive opportunities across the continuum and we are excited

Perpetua Perspectives Edition 1, 2018

Perpetua Perspectives: Edition 1, 2018 By Perpetua Investment Managers The first quarter of 2018 has certainly been a humbling one with most sectors delivering negative returns. Clearly

Perpetua Quarter 3 2017 Commentary Report

Perpetua Quarter 3 2017 Commentary Report By Perpetua Investment Managers Perpetua Turns Five October 2017 marks the fifth anniversary since Perpetua commenced managing money for clients.

Perpetua Quarter 2 2017 Commentary Report

Perpetua Quarter 2 2017 Commentary Report By Perpetua Investment Managers Assets under management at R9,5 billion as at 30 June 2017 and significant new appointments As

Jason Clark

Jason joined Perpetua as an Investment Performance & Risk Analyst. He is responsible for evaluating, measuring, and reporting on the performance and risk of the investment portfolios.

 

He brings experience from Luxcara, a German clean-energy asset manager, and Allan Gray, where he served in various roles over a five-year period. Jason holds Bachelor’s and Honours degrees in Economics from Stellenbosch University and is currently pursuing an MSc at the University of Bath. He also holds the CIPM® designation through the CFA Institute, specialising in investment performance measurement.