We have various brokerage contracts for offshore investment. At the moment most of this business is being done with the Isle Of Man based company RL360 and the Barbados based Private Bank, Cidel.
Because of our perception of the probable continued weakening of the Rand against SA’s major trading partners, we strongly believe that an offshore element is vital in every portfolio. This can of course be achieved by investment in asset swop instruments like Old Mutual Global Equity or it can be achieved by direct investment through platforms like RL360.