Quantitative Equity Analyst, DMA

Charlotte van Tiddens, CFA

Quantitative Equity Analyst

Technology-First Company

DMA is a technology-first company that provides an end-to-end SaaS solution to institutional investors. DMA enables regulated entities like asset managers, wealth managers, investment managers and financial advisors to connect their front and back office, break silos and reduce headcount.

Index Rebalance

Northam Platinum Holdings  / Index Rebalance

<ul><li>JSE indices are due for rebalancing in the closing auction tomorrow.                              </li><li>NPH will enter the Top 40, with GLN falling out. </li><li>GLN will also fall out of the RESI 10, with NPH entering.</li></ul>

JSE indices are due for rebalancing in the closing auction tomorrow.                              NPH will enter the Top 40, with GLN falling out. GLN will also fall out of the RESI 10, with NPH entering.

FTSE/JSE June 2025 Rebalance: GLN to Fall Out of Top 40, NPH to Enter

Event-Driven

<ul><li>During the last quarter of 2024, 55% of active SA equity funds outperformed their benchmarks.</li><li>This is ahead of preceding quarter where 48% of active funds outperformed.</li><li>It is also interesting to note that for the year up to the end of Q3 2024, 22% of funds outperformed their benchmarks.</li></ul>

During the last quarter of 2024, 55% of active SA equity funds outperformed their benchmarks.This is ahead of preceding quarter where 48% of active funds outperformed.It is also interesting to note that for the year up to the end of Q3 2024, 22% of funds outperformed their benchmarks.

Funds in Focus Q4 2024 & 2024: A Better Quarter & Year for Active SA Equity Managers

<ul><li>JSE indices will be rebalanced in the closing auction tomorrow. OUT will enter the Top 40 and the Capped Top 40, with NPH falling out.</li><li>Naspers and Prosus will be sold down in the Capped ALSI and the Capped Top 40 as a result of capping.</li><li>Prosus will be sold down in the uncapped indices due to a reduction in shares in issue as well as the SWIX float.</li></ul>

JSE indices will be rebalanced in the closing auction tomorrow. OUT will enter the Top 40 and the Capped Top 40, with NPH falling out.Naspers and Prosus will be sold down in the Capped ALSI and the Capped Top 40 as a result of capping.Prosus will be sold down in the uncapped indices due to a reduction in shares in issue as well as the SWIX float.

JSE December 2024 Rebalance OUT to Enter Top 40, NPH to Fall Out / NPN X PRX Top Sells (Capping)

<ul>
<li>On Wednesday, after the close, the JSE released index changes scheduled for the December rebalance (Friday, 20 Dec).</li>
<li>OUT will enter the Top 40, with NPH falling out. AMS will enter the RESI 10 and EXX will fall out.</li>
<li>Naspers and Prosus released 1H results on Monday. The discounts have narrowed through the last 3 trading days, Naspers and Prosus are up 6% and 3.1%, respectively.</li>
</ul>


On Wednesday, after the close, the JSE released index changes scheduled for the December rebalance (Friday, 20 Dec).
OUT will enter the Top 40, with NPH falling out. AMS will enter the RESI 10 and EXX will fall out.
Naspers and Prosus released 1H results on Monday. The discounts have narrowed through the last 3 trading days, Naspers and Prosus are up 6% and 3.1%, respectively.


JSE Dec 2024 Rebal: OUT to Enter Top 40, NPH to Fall Out / NPN PRX 1H Results: Discounts Catch Bid

<ul><li>Last night, the price snapshot was taken for the JSE December rebalance. </li><li>OUT is expected to enter the Top 40 with NPH falling out.</li><li>No changes are expected for the FINI, FINDI, INDI or RESI. NPH was removed from the index series at the rebalance yesterday.</li></ul>

Last night, the price snapshot was taken for the JSE December rebalance. OUT is expected to enter the Top 40 with NPH falling out.No changes are expected for the FINI, FINDI, INDI or RESI. NPH was removed from the index series at the rebalance yesterday.

DMA | JSE Dec 24 Rebalance: OUT Expected to Enter Top 40, NPH to Exit

South Africa

Northam Platinum Holdings Limited operates as a holding company. The Company, through its subsidiaries, explores, mines, and produces platinum, palladium, and rhodium metals. Northam Platinum Holdings serves customers worldwide.

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Northam Platinum Holdings (NPH SJ)

FTSE/JSE June 2025 Rebalance: GLN to Fall Out of Top 40, NPH to Enter

NPN & PRX top sells as shares in issue fall. BTI, CFR & AGL scrip moves offshore. JSE indices are due for rebalancing in the closing auction tomorrow.

DMA

Funds in Focus Q4 2024 & 2024: A Better Quarter & Year for Active SA Equity Managers

During the last quarter of 2024, 55% of active SA equity funds outperformed their benchmarks. This is ahead of preceding quarter where 48% of...

DMA

JSE December 2024 Rebalance OUT to Enter Top 40, NPH to Fall Out / NPN X PRX Top Sells (Capping)

JSE indices will be rebalanced in the closing auction tomorrow. OUT will enter the Top 40 and the Capped Top 40, with NPH falling out. Naspers and...

DMA

JSE Dec 2024 Rebal: OUT to Enter Top 40, NPH to Fall Out / NPN PRX 1H Results: Discounts Catch Bid

Naspers and Prosus have outperformed the underlying portfolio following the release of 1H FY25 results. Naspers has outperformed Prosus, reducing...

DMA

DMA | JSE Dec 24 Rebalance: OUT Expected to Enter Top 40, NPH to Exit

Last night, the price snapshot was taken for the JSE December rebalance. OUT is expected to enter the Top 40 with NPH falling out.

DMA

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