Pre-election jitters to push SA offshore investments over R1 trillion By Rupert Hare, Prescient Head of Multi-Asset July 2024
August 20, 2024
Political uncertainty in the build-up to the elections and longer-term structural economic concerns have seen investors eager to invest offshore. This is reflected in the R73 billion increase in the total assets invested in foreign collective investment schemes to R928 billion in the first quarter of this year from R854.8 billion in the fourth quarter of 2023.