South African government increase personal allowances on FID

Peter Lucas, global investment strategist at Ashburton, said: “We are recommending that investors, wherever they may be based, should diversify their investments internationally to effectively manage their risk return ratio. “There is no magic formula in terms of the mix of domestic and offshore investment that suits all. Every invester’s needs are different as are their attitudes to risk. It is important to remember that the main aim of diversification should be to manage risk rather than maximise return. “The rand is strong and many South Africans are sitting on good profits from domesti...