James de Broë-Ferguson, senior investment director at Investec Wealth & Investment, remains resolute. The returns made in 2016-17 would make it sound like a number of investment home runs had been scored: but he admits it was far from easy, with a balance to be maintained for the outcomes of such important decisions, with binary answers having such far reaching implications. Solid returns were made, but these were significantly flattered by the currency devaluation seen since June 2016. With the continued overhang from the credit crunch, resuscitation by various forms of quantitative easing and interest rates remaining nailed to the floor, it is essential to avoid potholes.
James de Broë-Ferguson