WARWICK LUCAS: Why we should invest abroad
There’s a wide world waiting for SA investors
Investing offshore because you think SA is going down the tubes doesn’t seem the most positive approach to me.
However, doing this because there is a vast array of opportunities seems a great way to adopt the positive mindset I advocate in the Middle Road column. I previously noted that the market cap of London’s investment trusts is probably bigger than the entire JSE, especially on a weighted shareholder basis. A high-altitude overview of the available funds may give a better sense of the evidence to back up these assertions...