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The Asset Class by Strictly Business

Strictly Business
Ninety One
South Africa
Inflation
Emerging Markets
South African Reserve Bank
US Dollar
Donald Trump
China
Earnings Revisions
US Federal Reserve
Oil
Investment Strategies
Private Credit
Monetary Policy
Infrastructure
South African Rand
Equities
Interest Rates
Fixed Income
Bond Market

A regular feature populated by our finest fund managers, who explain their positioning in the markets, their current asset allocation and their views on future market behaviour. Essential listening for serious, long term investors.

PublishesWeeklyEpisodes150Founded7 years ago
Categories
InvestingBusiness

Listen to this Podcast

Artwork for The Asset Class by Strictly Business

Latest Episodes

Alper Kilic is Head of Alternative Credit at Ninety One in London.

Stephen Naidoo and Lisa McCleod are Portfolio Managers at Ninety One in Cape Town.

Tshipiri Meudi is Managing Director, SA Infrastructure at Ninety One in Cape Town.

James Turp, Portfolio Manager at Ninety One in Cape Town.

Key Facts

Accepts Guests
Contact Information
Podcast Host

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Recent Guests

Alper Kilic
Head of Alternative Credit at Ninety One
Ninety One
Episode: The Asset Class: Alper Kilic
Lisa McCleod
Portfolio manager at Ninety One, Cape Town
Ninety One
Episode: The Asset Class: Stephen Naidoo and Lisa McCleod
Stephen Naidoo
Portfolio manager at Ninety One, Cape Town
Ninety One
Episode: The Asset Class: Stephen Naidoo and Lisa McCleod
Tshipiri Meudi
Managing Director SA Infrastructure at Ninety One
Ninety One
Episode: The Asset Class: Tshipiri Meudi
James Turp
Portfolio manager at Ninety One
Ninety One
Episode: The Asset Class: James Turp
Jason Borbora-Sheen
Portfolio manager at Ninety One in London
Ninety One
Episode: The Asset Class: Jason Borbora-Sheen
David Knee
Head of Multi-Asset at Ninety One, based in Cape Town
Ninety One
Episode: The Asset Class with David Knee
Alastair Herbertson
Managing Director, Emerging Market Alternative Credit
Ninety One
Episode: The Asset Class: Alastair Herbertson
Wenchang Ma
Portfolio Manager, China Equity
Ninety One
Episode: The Asset Class: Wenchang Ma

Host

Lindsay Williams
Host of Strictly Business Podcast

Reviews

3.6 out of 5 stars from 20 ratings
  • Top class

    Wish I had found this podcast sooner. Missed hearing Lindsay on financial radio

    Apple Podcasts
    5
    MarrtyMcFlyy
    South Africa7 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

A go-to for serious investors seeking long-horizon strategies and real-world applications.
The host brings clarity and depth to complex topics.
Guests consistently bring actionable insights for institutional listeners.
High-quality macro and credit content with strong market relevance.

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Talking Points

Recent interactions between the hosts and their guests.

The Asset Class: Tshipiri Meudi
Q: There are so many problems, but what I'd like you to do, if you would, is identify the biggest problems and then move from sort of pessimism to optimism by looking at the opportunities in the system, if you would, Tshipiri.
The biggest issues are the raw water and bulk transfer infrastructure, which are bankable through specialized institutions, and the opportunities lie in the municipally managed segments like water treatment, non-revenue water reduction, and rehabilitation of pipes, which enable more efficient delivery and cleaner revenue streams.
The Asset Class: Sahil Mahtani
Q: What do you make of him (Warsh) as Fed Chair candidate?
The guest argues Warsh is not a simple hawk; his past speeches show a nuanced view on inflation risks and balance sheet policy, suggesting the economy could handle lower rates and a more nuanced stance in practice.
The Asset Class: Stephen Naidoo and Lisa McCleod
Q: How do FLACs differ from existing senior debt and what is the risk for investors?
FLACs sit below senior debt in the hierarchy but are loss-absorbing from day one and can be bailed in only at resolution, which implies a different risk profile and explicit loss-absorption terms that investors must monitor.
The Asset Class: Stephen Naidoo and Lisa McCleod
Q: What are FLAC instruments and why were they introduced?
FLACs are a new debt class contracted to be senior to Tier 2 and 81 but subordinated to existing senior debt, designed to absorb losses in a crisis and reduce the need for taxpayer-funded bailouts by increasing banks' loss-absorbing capacity.
The Asset Class: Puleng Pitso
Q: Puleng, where does all this leave local communities, the people of South Africa, and how will delivery translate to households?
Infrastructure investment is directly linked to everyday impacts through reliable electricity, better transport networks, and improved municipal services, which supports local businesses, lowers costs, creates jobs, and strengthens resilient communities.

Audience Metrics

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Frequently Asked Questions About The Asset Class by Strictly Business

What is The Asset Class by Strictly Business about and what kind of topics does it cover?

The show centers on senior investment professionals, particularly from Ninety One, who unpack macro themes, credit structures, and infrastructure opportunities across emerging markets and South Africa. Episodes often dissect complex instruments, market dynamics, and policy shifts, with a strong emphasis on long-horizon investing, risk management, and wallet-friendly portfolio positioning for institutional and sophisticated retail audiences. A standout aspect is the consistent focus on real-world investment structures—like private credit, infrastructure funding, and FLACs—paired with practical implications for asset allocation and risk-adjusted returns.

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2. WorldWide Markets with Simon Brown
3. MoneywebNOW
4. SAfm Market Update with Moneyweb
5. Nedgroup Investments Insights

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The Asset Class by Strictly Business launched 7 years ago and published 150 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on The Asset Class by Strictly Business?

Recent guests on The Asset Class by Strictly Business include:

1. Alper Kilic
2. Lisa McCleod
3. Stephen Naidoo
4. Tshipiri Meudi
5. James Turp
6. Jason Borbora-Sheen
7. David Knee
8. Alastair Herbertson

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