Never a dull moment in the world of investing.
The current South African economic and political climate, combined with the fall-out from COVID-19 makes it essential to search for professional advice to ensure you diversify effectively.
Diversification is not a new phenomenon, there has always been a need to hedge your bets, chase returns and reduce risk by having a few baskets to keep your eggs in. However, as we certainly are facing a quite unique environment, advice on how, where and with what, needs way more advice than ever before.
We used to talk about 25% offshore allocation as being sensible, but that was two decades ago and the global scene was not as chaotic as it is currently. Your clients need advice and you need advice. Your job as a professional and the professionals you look to for advice has become the only constant that will guide us all through these turbulent times.