Bonds are a not very difficult to understand – think of them as essentially fixed income loan agreements between lenders and borrowers (mostly governments and companies)…

This quote is attributed to Franklin D Roosevelt. If we extend the adage to global financial markets, current stormy conditions are clearly doing their level best to upskill all investors and their advisors…

As South Africans, we have lived under exchange controls for so long that most of us believe this is the norm around the world. However, this isn’t actually the case…