PODCAST | SA’s wealthy search for safe investments overseas
High net worth individuals across the world, including in SA, continue to look for safe places to invest their money for stability and growth.
Our host Mudiwa Gavaza is joined by Seamus Rocca, CEO of Xapo Private Bank, in this edition of the Business Day Spotlight.
Rocca says private banking is growing in popularity as wealthy people look for ways to protect their assets. Traditionally available to those with R85m (about $5m) and upwards, he says their firm is working to open this up to attract people earning from R2m, a group referred as “mass affluent”.
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Source: businesslive.co.za
