Predicting SA consumer price inflation (CPI) is a hazardous exercise. History suggests that particularly over the medium to longer term there is only one certainty: CPI will be volatile. The surest way to hedge against inflation is through inflation-linked bonds (linkers). Linkers remove the risk of inflation by adjusting income and capital value in line with movements in CPI…
[Source: Financial Mail – October 22, 2015 – by Stafford Thomas]
