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| Where I Am? | Viewer ==> CURRENCY STRATEGIES IN A BALANCED PORTFOLIO | |||||||||||||
Prescient Asset Management |
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| Prescient Asset Management | Q2 of 2023 | 3 years ago |
Purchasing power parity is the seductive theory that all assets cost the same everywhere relative to one base unit of account. This means that one cup of coffee should cost $1 in the US and $1 in South Africa. This $1 cost converted into rand mean we would pay R14 for a cup of coffee. If they do not cost the same there’s an incentive for trade to bring the discrepancy back in line.
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Anchor Capital is a division of Anchor Group , that was founded by Peter Armitage.Ninety One overall assets under management are hovering around 3 trillion , that's almost the entire size of out unit trusts industry.Asset manager Prescient Asset Management was founded by the Guy brothers Herman and Toms. |
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| Disclaimer |
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| Please note that unit trusts investmets are generally classified as long-term investment products not suitable for trading and speculation. |