Magnus Heystek: South Africa’s wealth exodus – The unseen impact of offshore investments
In 2015, SA Treasury unleashed a seismic shift by increasing offshore investment allowances, liberating the wealth of high-net-worth individuals.
In 2015, SA Treasury unleashed a seismic shift by increasing offshore investment allowances, liberating the wealth of high-net-worth individuals.
So what would it take for SA’s arch-bear Magnus Heystek to change sides? Quite a bit – but it’s not impossible.
If you have a 5-year horizon, ask yourself where you see the world at the end of that timeframe and invest in that.
In this powerful keynote at the 5th BizNews Conference, Heystek reiterated his message, providing fresh evidence to support his argument.
In an interview with Alec Hogg, Magnus Heystek delves into some of the shocking news items for SA investors that have emerged recently.
Alec Hogg interviews Piet Viljoen on SA’s electricity crisis, passive investing, stocks and markets – a checklist for far-sighted investors.
As the outflow of money continues to increase, South African investment is showing an outperformance of offshore equities vs local equities.
This year has seen one of the most brutal market declines in history, thankfully the share portfolio has performed relatively well thanks to a recent move to SA stocks. Alec Hogg unpacks why this was a great move in this month’s share portfolio webinar.
With the year coming to an end, those with an interest in offshore investing would do well to make the most of their SDA.
We’re 20% into the five-year Local v Offshore investment Challenge and Counterpoint’s Piet Viljoen is off to a fast start.