Market update: Is the Israel‑Hamas conflict impacting the market?

As the Israel-Hamas conflict continues to escalate, with increased tensions across the Middle East, Funds SA has been closely monitoring financial impact on the market and Super SA’s investment options.

To date, this has not affected the way Funds SA invests on behalf of Super SA’s superannuation schemes.

Oil and gold prices have increased slightly, while China’s equities market has surged significantly (driven by government stimulus) as shown by the green line in the chart below. Bond yields, the returns on government bond investments, have seen a slight uptick following the U.S. Federal Reserve’s recent 50 basis point cut to its benchmark interest rate. These developments have not led to any changes that would negatively impact our member’s portfolios.

Super SA, through Funds SA will continue to monitor the situation and any potential implications it could have on the market to ensure minimal risk.