CURRENCY STRATEGIES IN A BALANCED PORTFOLIO
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Prescient Asset Management

  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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Did You Know ?

DYN

Olympiad Investment Managers was founded by Anton van Niekerk .

Asset manager Coronation saw a need for a shariah-complient leaning asset managemnt and in 2002, founded a standalone manager Kagiso AM (now Camissa AM).

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