Investors grew used to unprecedented low volatility levels in financial markets from 2012 until 2015. This was due to synchronised monetary policy stimulus from the major central banks.
Economic growth of less than 1% is bound to feel like recession for the South African consumer that is facing high debt levels, rising interest rates and higher inflation.
Investors fixated by the latest data releases instead of the broader trend.
Independent investment pioneers, Novare, is proud to announce the launch of South Africa’s first retail fund of hedge funds product.