Foord’s Nancy Hossack explains why SA is a harbour in current global market storm

With stock markets tanking around the world, including a 12% plunge in Japan today, things are relatively calm on the Johannesburg Stock Exchange. At times like this, a house like Foord Asset Management is a go-to source, given its top priority is “don’t lose money”. Portfolio manager Nancy Hossack explains how the firm protected its clients from the wealth wipeout sweeping the globe. She spoke to BizNews editor Alec Hogg