Chas­ing div­i­dends


THE PULL­BACK on global mar­kets in March amid chaos in North Africa and the Mid­dle East, the tragedy in Ja­pan and the re­fu­elled un­cer­tainty about sov­er­eign debt, cour­tesy of the col­lapse of the Por­tuguese gov­ern­ment, was all too short-lived for all but the most nim­ble value seek­ers to find de­cent shares at (rel­a­tively) de­cent prices. So it’s back to the draw­ing board to hunt for value.

IT se­cu­rity is a big is­sue; just ask FirstRand. How­ever, we’re in­creas­ingly chang­ing the way we use tech­nol­ogy, and cloud com­put­ing is start­ing to take off. Why have your own server when you can store data for noth­ing on some­one else’s hard drive? IT se­cu­rity un­der such con­di­tions, ar­gues An­thony Durham at Cog­ito Cap­i­tal, be­comes para­mount. A way to cap­i­talise is through ISA Hold­ings,

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