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Geographical diversification of assets has become increasingly important to South Africans given the country’s lack of economic growth, the rand’s slump and heightened political uncertainty.
Barnstone Education and the Schools and Education Investment Impact Fund South Africa have announced an additional investment as part of the second phase of the Prestige School project, a multi-million rand deal, which will fund the development and operations of six Prestige College affordable independent schools. This brings the total finance allocated to the project to date to R380 million.
Investors cannot afford to miss out on any opportunity that exists to strengthen their investment portfolios. Capitalising on the knowledge of correlation allows investors to strengthen their portfolios by harnessing the benefits of diversification.
Investors generally, but South African investors in particular, should not lose sight of the fact that South Africa remains a highly attractive—and sound—investment destination. That’s the view of investment specialist, Thomas Stringfellow, MD of Stringfellow Investment Specialists.
The strongest deterrent against FSP compliance missteps is or should be: