Explore the Category
Exchange rate fluctuations over the past six months have resulted in Rand depreciation and Rand appreciation of approximately 20% either way. This ebb and flow has led to many financial planners advising investors to transfer money offshore. While this is a very important step in portfolio diversification, investors should weigh up all of the factors when dipping their toes into offshore waters.
Against what has become a progressively worrisome backdrop to South Africa’s macroeconomic outlook, it is probably not surprising that we are currently receiving the undesirable attention of global ratings agencies. This year the country is expected to grow by a meagre 0.5%, with risks to the downside.
With the state of the Rand a constant topic of discussion among South Africans, getting your money offshore is a strong focus for investors. The SA Reserve Bank now allows each individual to invest up to R10 million every year, but where, and how should you invest?
While most active fund managers argue that their skills enable them to outperform the market return, the majority of research proves what passive managers have known all along – that even though it may be possible for a fund to outperform the market, it is generally not probable.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?