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This week’s annual summit of the BRICS nations - Brazil, Russia, India, China and South Africa - is notable for several reasons, not least because South Africa is the host this year.
South African asset managers have commonly referred to the years following 2010 as the "lost decade," characterised by a decline in economic growth and hindered potential due to state capture.
“Read last year’s market predictions and you’ll never again take this year’s predictions seriously.” – Morgan Housel
The strongest deterrent against FSP compliance missteps is or should be: