Time for SA clients to diversify offshore

Now is the time for South African investors to consider investing offshore, according to Selwyn Kahlberg, head of offshore business development at Investment Solutions. Kahlberg's belief is that the rand has become stronger than it has been for many months, so it is an ideal time for investors to diversify their portfolios geographically and acquire non-rand denominated assets. He says: 'A well diversified portfolio would include equities, bonds, cash and alternative investments such as hedge funds, and should also include offshore investments in line with the approved SAR750,000 of...