LETTER: The answer is gilts linked to the JSE
Investment managers do have an opportunity to get us out of this looming economic disaster
The government will soon be forced to pump money into the economy or oversee its total collapse. This is all too predictable as it is hemmed in on all sides by seemingly insurmountable obstacles. There is the need to control money supply, keep interest rates low and ensure inflation remains within bounds. Money is fleeing offshore as fast as its legs can carry it to the place where all of SA’s hopes go to die.
However, investment managers do have an opportunity to get us out of this looming economic disaster. All they need is a safe and attractive home for domestic investment that doesn’t reek of political shenanigans. (I didn’t want to mention prescribed assets in the same sentence, so didn’t)...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.