Season 13 Episode 36

Matthew Pouncett on how diversification will shape investor strategy in 2026

11 December 2025 · 22:27 min

In this episode of Business Talk, Michael Avery speaks with Matthew Pouncett, Co-Portfolio Manager at Laurium Capital, to unpack the powerful rally that has shaped equity markets this year and what it means for investors heading into 2026. Matthew breaks down the forces behind the surge in local… and global markets—including risk-on sentiment, easing financial conditions, a surprising gold price rally, and the global AI-driven boom—and explains how these dynamics have created both opportunity and new concentration risks within the JSE.

Matthew also explores why hedge funds deserve a place in investor portfolios during strong market cycles, offering diversification, risk management, and uncorrelated sources of return. He outlines Laurium’s suite of hedge fund strategies, each designed for different risk profiles and investment horizons, and explains how regulation has made hedge funds more accessible for everyday investors. Looking ahead, he highlights key trends to watch in 2026—especially growing market dislocations—and how they may create meaningful opportunities for those positioned with the right tools and strategies. Show more