by Andrew Hardy, CFA
With the skies and borders mostly open for international travel again, I’ve been visiting our parent company’s home market of South Africa this past week, a welcome opportunity to catch up with colleagues and clients in person. The hot topic has been investing overseas, following the local central bank’s recent relaxation of offshore investment limits; now investors can take up to 45% overseas. One of the many questions this brings into focus – for investors there but also around the world – is the risks that come with having so much of a portfolio invested overseas, and how best to manage them
- Global equities declined 2.1% last week
- Goldman Sachs have cut US growth forecasts.
- Brent crude fell 0.7% to $111.5 a barrel
- Gold fell by 3.8% to $1811.8 per ounce.