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There was a time in our recent history when the property sector could do no wrong, attracting investors with its steady and growing dividends and providing a dependable source of income, particularly in pension funds.
If ever there was a time for fixed income portfolios then 2020 is it. After racing out of the starting blocks at a frenzied pace and speed, it seems likely that the year to come will be remembered for the sheer range of momentous events that loom on the horizon.
The total market capitalisation of all ETFs and ETNs, listed on the JSE, rose from R100,8 billion at the end of 2019 to 106,6 billion at the end of June 2020.
The year 2020 hasn’t been short of unprecedented occurrences and unexpected surprises. On Monday 20 April for the first time ever, the price of West Texas Intermediate (WTI) crude oil, the benchmark price for US oil, fell into negative territory.
The strongest deterrent against FSP compliance missteps is or should be: