Kyle Wales – Portfolio Manager at Old Mutual Investment Group’s Titan boutique
The 2018 national budget stipulates that the foreign allocation limits for institutional investors are to be increased by 5% across all categories – life insurers, collective investment schemes, investment managers and retirement funds. A question that is becoming increasingly prevalent among South African investors, however, is whether there is still any benefit to taking money offshore when the local economic environment appears to be on the upturn. (more…)
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