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FNB has seen a strong demand from clients buying Krugerrands on its trading platforms as consumers embrace alternative asset classes to diversify their investment portfolios. Over the last year, FNB assisted with facilitating the delivery of over 2 200 Krugerrands on its trading platforms.
We assess the economic implications as populist parties look set to take more control of political agendas in Europe.
Most investors are aware that investing offshore should form part of their long-term diversification strategy. “The problem is that many of us suffer from home-country bias, which means that we invest a disproportionate amount of our savings locally,” explains Horacia Naidoo-McCarthy, manager in the institutional clients’ team at Allan Gray.
South Africa, Mexico and India announced election results a few days apart. In the one, the continuity candidate won a solid majority. In the other, the ruling party suffered a heavy defeat, and must now cobble together a coalition.
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