Insights from Switzerland after last week’s currency shock
I’ve witnessed strange things in 35 years as a financial journalist. But never before witnessed a 20% overnight surge in a currency, while on the ground.
I’ve witnessed strange things in 35 years as a financial journalist. But never before witnessed a 20% overnight surge in a currency, while on the ground.
By Alec Hogg Enjoyed a stimulating few hours at the annual Morningstar Conference in Cape Town yesterday. Topped by listening to two low-profile doyens of the money management business, Dave Foord (Foord AM) and Sandy McGregor (Allan Gray). Foord has spent the last 33 years building his successful business by keeping a tight team, focusing … Read more
Mining entrepreneur Robert Friedland is, well, interesting. Listed by Forbes magazine as a billionaire with $1.15bn net worth, Ivanhoe Mining’s founder attracts controversy like horses do flies. A brief Google search uncovers a two year jail sentence for drug dealing; an early US project still ranked the country’s worst contaminator; and, more recently, news of … Read more