What SA’s top asset managers are doing now
High inflation has eaten into world markets this year and cash has been the place to be. But there are other options to weather the storm
08 September 2022 - 05:00
Inflation is biting consumers across the world. And market returns — in general — haven’t kept up to protect against the loss of purchasing power.
In SA, CPI hit 7.4% in June, despite aggressive monetary tightening by the SA Reserve Bank since November. The Bank has increased interest rates by 200 basis points (bp) with the repo rate now at 5.5%. ..
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