During those languid days of Christmas, subdued by mulled wine and mince pies, I gazed out at some pretty miserable weather. Instead of walking the dog, I made the mistake of scrolling through my Facebook account.
Cast your minds back to 2014, when the Caribbean Island of Puerto Rico, burdened by a chronic budget deficit, spooked the US municipal bond market by passing legislation to restructure some of its enormous $73bn debt pile. US Municipal Bond ETFs reeled and wider markets were spooked, the country’s debt downgraded to ‘junk’ status.
After a rather stifling start to the summer (hosepipe bans at the ready), the weather finally broke in mid-June, to the thrum of heavy downpours and a series of violent thunderstorms across the UK.
We are pleased to confirm that First World Hybrid Real Estate Fund Plc received a Raging Bull Award at a recent event which celebrates the top performers within the South African collective investment schemes industry.