Tag: investmentstrategy

Understanding the difference between financial advice and holistic wealth guidance is essential for anyone planning their long-term financial future. The discussion in the video explores a common misconception in the financial services industry: many people assume that a professional managing their investments automatically provides comprehensive wealth advice. However, the conversation highlights that this is not always the case.

Over the course of my career - as a gold and bond trader, a portfolio manager running large global multi-asset and solutions portfolios - I’ve often been asked: What lessons have you learned?

For at least three decades, South Africa’s financial services industry has raised the alarm about the urgent need to increase consumer savings. Yet little has changed. The elephant in the room is clear. Unless we meaningfully close the gap between product availability and true independent advice, this will not change.

For South Africans, investing has always been a global game. This is not only because Regulation 28 of the Pension Funds Act has allowed investors to include up to 45% offshore assets in their portfolios for the last three years. It is also because South Africa’s economy and stock market are small compared to the rest of the world. Furthermore, the JSE itself is becoming increasingly global in nature.

Today’s investment landscape is increasingly complex for South African investors. Heightened market volatility and political uncertainty make portfolio management more challenging. Offshore investing remains a critically relevant strategy for preserving and growing wealth while managing risk. Diversifying offshore is not just a luxury; it has become a necessary consideration for prudent investors.