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RMB Private Bank's take on current Financial markets

21 November 2011 RMB Private Bank

According to Arnaud Malherbe, RMB Private Bank wealth manager, financial markets are known to be volatile and diversifying your investments globally is an effective tool in reducing your overall risk exposure. From the beginning of the millennium to the end of 2010, the JSE All Share Index outperformed global equities by just under 13% per annum in US Dollar terms. Since the beginning of 2011, local equities in US Dollars have underperformed global equities by around 11%. The benefit of ensuring that your risk and market exposure are diversified is evident when you compare the performance of local and international markets.

South African tax payers have been granted a generous offshore investment allowance by the South African Reserve Bank (SARB). In keeping with our philosophy to provide relevant solutions to our clients, we'd like to remind you that there are attractive and comprehensive international investment opportunities available to them. These solutions allow you to diversify your investments and take advantage of currency volatility and global market opportunities via your offshore investment allowance.

RMB Private Bank is able to offer you offshore investment products and services by utilising the expertise of our offshore asset manager, Ashburton, and our international fiduciary specialists. Our Forex expertise, Foreign Currency Account and offshore banking capabilities offer you a comprehensive suite of services supported by our offshore banking partners

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