Explore the Category
A lot has been said in the media over the last few weeks regarding the possibility of whether South Africa (SA) would be downgraded to “junk status” by Moody’s and thereby be forced to exit the FTSE World Government Bond Index (WGBI).
Given the recent volatility on the JSE due to the coronavirus pandemic, it may be very tempting for you, as an investor, to pull out of equities and switch to cash. The last few weeks have been tough for investors. After a day of steep declines, markets recover for a short while, only to have them decline again.
South Africa is now in full lockdown to prevent the further spread of the coronavirus.
The strongest deterrent against FSP compliance missteps is or should be: