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For decades, China has been the driving force behind global economic growth. Population growth and cheap labour, combined with government spending on infrastructure and large quantities of exports to the rest of the world served as major growth drivers.
Imagine for a moment you are an investor in early 2008 questioning the value of the US dollar as a store of value, having seen the dollar index decline 40% from 2001 to an all-time low in March 2008.
One of the easiest ways to lose money is to buy something for more than it is really worth. When picking stocks, we seek to avoid permanent capital loss by buying shares of businesses that are priced well below our assessment of their intrinsic value.
In an industry milestone, Sygnia, the largest provider of international ETFs on the JSE, is proud to announce the launch of their first actively managed exchange-traded fund (AMETF), the Sygnia Itrix FANG.AI Actively Managed ETF.
If I were tasked with taking my firm’s customer experience (CX) to the next level, I would: