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The rand and your offshore investment: It's all about timing

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Urvesh Desai, Global equity manager of Old Mutual Investment Group’s Macro Solutions Division.
Urvesh Desai, Global equity manager of Old Mutual Investment Group’s Macro Solutions Division.

South Africa’s growth prospects are indeed dire, says Urvesh Desai, global equity manager of Old Mutual Investment Group’s Macro Solutions Division.

“If you look around the world there are other countries with better prospects – for both economies and markets.

“However, the biggest factor influencing returns of offshore assets for South African investors is the rand,” says Desai.

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