The COVID-19 pandemic has wreaked havoc on global markets, initiated lasting repercussions for South Africa’s already-fragile economy and given us a glimpse of the long-term impact for global growth. In this compelling four-part webinar series, Marthinus van der Nest and industry leaders managing Amplify’s funds, unpack the key issues and opportunities presented by the “new normal” of post-Coronavirus investing.
Cry the beloved country: SA Inc. vs Rand hedge?
The pandemic will deliver a long-lasting shock to South Africa. When the outbreak struck, the economy was already in recession. The drastic containment measures implemented to curb the spread of the virus have deepened the contraction and resulted in ballooning government debt. Will it be the death of the once competitive and beloved SA Inc. or will the recovery of other regions leave us behind?
Iain Power, portfolio manager for the Amplify SCI* Wealth Protector Fund, shares his experience and addresses the conflict between the two.
*Sanlam Collective Investments
