11 August 2020

Be wary of SPARCs and Blank Cheque Companies

This latest investment fad is calculated to capitalise on the public's desperate search for yield and will primarily suit the promoters. So look out for any of these 'investments' that appear in your portfolio and question the financial adviser or private banker who selected them for the reasoning behind their decision.

The Spac race: Wall St banks jostle to get in on hot new trend