Should you still invest offshore?

Co-founder of the Switzer Report
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Whenever there is a major market movement, reviewing your allocation to the various asset classes and individual investments is good practice. The Coronavirus, and the ensuing global shutdown of many businesses, is clearly one of these times.

One of the questions that many are asking is “should I continue to invest offshore, and if so, is now the right time to increase exposure?”.

My answer to the first question is that I can’t see any reason why you wouldn’t continue to invest offshore. You might want to consider where you are investing (for example, it looks like parts of Europe and some of the emerging economies could be slower to recover), and in terms of allocation, this will largely depend on how much you have already invested offshore. With the Aussie dollar near 60 cents, there is arguably less of case to go offshore than there has been, at least not on an un-hedged basis.

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