Weekly Commentary

Squaring the Circle in Detroit – Implications for South Africa?

The city of Detroit very recently decided to default on its municipal bonds. While this still needs to be confirmed by a Federal judge, it was not completely unexpected given the slow but sure decline in the tax base of this once vibrant manufacturing centre of the USA. However, as pointed out by the very

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The MitonOptimal group of companies are independent multi-asset investment managers, majority-owned by our management and directors. We employ over 40 staff across offices in Guernsey, South Africa and the United Kingdom. Our primary business focus is the delivery of Discretionary Investment Management and Client Portfolio Management services to a global client base of intermediary and private clients, as well as a range of regulated funds.