Wealth Creation - S&P500 Returns Now Driven By Just A Handful Of Stocks

Loading player...
Guest– Sean Ashton, Head of Investments at Private Clients by Old Mutual Wealth.

In this conversation we dive into the forces shaping the world’s largest stock market. Sean Ashton shares insights from his analysis of S&P500 returns between 2010 and 2025, revealing that just a handful of top-performing stocks now drive the majority of gains. How concentrated are these returns, and what does it mean for investors navigating today’s markets?
8 Sep 2025 12PM English South Africa Business News · Investing

Other recent episodes

BofA Slashes SA Growth Forecast as Inflation Surges

Bank of America has cut South Africa’s 2026 GDP growth forecast to 1.3%, warning that higher oil and fertilizer prices will keep inflation above 4% for most of the year. Economist Tatonga Rusike explains
23 Apr 3PM 11 min

Understanding SA’s First Wealth Score

Franc unveils South Africa’s first-ever Wealth Score, revealing that financial habits—not income—are the strongest predictor of financial health. We unpack why SA’s national score is 45/100 and the behavior gap between knowing and doing with Dr. Thomas Brennan, founder and CEO of Franc.
23 Apr 3PM 13 min

Clicks Lifts HEPS 8% Despite Warehouse Disruptions.

Clicks delivered firm interim results with diluted HEPS up 8.1%, even as warehouse system delays cost an estimated R175 million in lost sales. CEO Bertina Engelbrecht discusses pharmacy growth, trading margins, and festive‑season competition.
23 Apr 2PM 16 min