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Global Outlook 2017/18

Global Outlook 2017/18
By Jacobus Lacock (Fixed Income Portfolio Manager)

As we entered 2017, market expectations were high for global growth to continue to accelerate. With Donald Trump elected as the new US President, markets believed his fiscal policies would boost US growth and inflation. Trump was not the only driver behind firmer growth expectations. The global economy started to accelerate early in 2016 on the back of stronger Chinese manufacturing, higher commodity prices and reflationary trends emerging out of Europe. Similarly in South Africa expectations for lower inflation, interest rate cuts and a healthier political backdrop have pushed the market towards a better growth outlook for 2017 and 2018…
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Global Outlook 2017/18

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Grethe Fourie

Business Development Manager

Grethe joined Fairtree in 2025 as a Business Development Manager in the Distribution team. She focuses on cultivating strong, long-term relationships with financial advisers and identifying opportunities for meaningful growth. Prior to joining Fairtree, Grethe spent eight years at PPS, where she held several leadership roles, including Regional Sales Manager, Regional Specialist Support Manager, and ultimately National Manager of PPS Wealth Advisory. In her most recent role, she led the Wealth Advisory team nationally, overseeing strategy, operations, reporting, and key stakeholder relationships. She also served as a Key Individual on the FSP licence and chaired the Best Practice Committee. Earlier in her career, she worked as a financial adviser for seven years. She is passionate about empowering women in finance and previously led the Women in Finance initiative at PPS. Grethe holds a Postgraduate Diploma in Financial Planning from Stellenbosch University and is a Certified Financial Planner® professional.

Stephan Venter

Investment Specialist

Stephan joined Fairtree in 2025 as an investment specialist in the Distribution team. He began his career at Deloitte in 2006 as an accountant. He then joined Discovery Invest as an Investment Specialist, before moving to Sanlam Investments, where he spent nine years as a portfolio manager. He holds a Bachelor of Commerce degree in Accounting from the University of Pretoria, an Honours degree and CTA in Accounting from the University of South Africa, and an Honours degree in Financial Analysis and Portfolio Management from the University of Cape Town.

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