Do large asset managers have your client’s best interests at heart
30 November 2020
Exchange Control Circular 15 of 2020, issued by the South African Reserve Bank (SARB) governor on 29 October and subsequently suspended to allow for further public consultation, has resulted in a fair amount of mud-slinging by advocates for more relaxed exchange controls. Magnus Heystek, a director at Brenthurst Wealth and long-time champion of offshore investing, was joined by Magda Wierzycka, CEO at Sygnia Asset Management, in a hard-hitting biznews.com radio interview with Alec Hogg, broadcast 26 November 2020.