The joys and benefits of offshore investing
in our interactions with fund portfolio managers and analysts this past quarter, the preferred leaning in fund categories was strongly towards offshore portfolios.
It came as no surprise. Yes, South Africa has huge societal, political and economic distresses. But on the flipside, mutual funds throughout the world continue to grow explosively, and not least encompassing impressive global-orientated funds. SA, meanwhile, constitutes less than 1% of global market capitalisation.
The number of recognised mutual funds worldwide increased
