Welcome to the winter edition of Octagon Focus.
It feels like just yesterday that we started the year and here we are, August, and in the midst of a cold winter. It is not just the weather that is challenging, but the investment environment remains difficult and testing. Interest rates emain at multi decade lows around the world and the Euro crisis continues unabated.
The question on everyone's mind remains:
What about Greece and the rest of the Eurozone? How will things pan out there? In a recent fund manager presentation with Louis Stassen, senior fund manager from Coronation Fund Management, he addressed just this question.
Louis provided the following potential scenarios...