MANAGED FUNDS Max Riaz
As I have discussed previously, I believe inflation and interest rates (cost of capital) will remain high for an extended period.
There are three primary reasons for this prediction:
• The emerging ‘Cold War 2.0' between the US and China, which is already prompting a costly reconfiguration of global trade. • The disorderly transition to renewable energy, exerting significant pressure on the supply of materials and skilled labour. • Ageing demographics, which will reduce the supply of capital and labour in the economy.
