2023 IRFA Annual Conference | Ninety One

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  • 01 mins 19 secs

Speaker 0:
Hi there. My name's Michael Power. I'm a strategist and a consultant to 91.


Speaker 0:
I'm gonna be speaking to you about whether our dollar centric world is facing serious dislocation. We've just had the BRICs summit in Johannesburg, and it's patently obvious to anyone who looks reasonably hard at the situation that the world is changing. Uh, and that the now brics 11 are gonna have some say in that change. It's particularly going to impact the world of trade more than the world of capital. Um, and the dollar tends to dominate, especially, uh, the world of capital.


Speaker 0:
But I think a lot of Westerners are not seeing the effect that now, uh, we're seeing a high degree of de dollarization beginning to sneak into the world of trade.


Speaker 0:
Uh, this is going to, uh, upset the er reigning narrative. Uh, that pre predominantly comes out of the United States, uh, and is going to catch a lot of people unawares. Please join me at the Institute of Retirement Funds Conference on the 18th of September. Uh, and I'll try and unpack the importance of looking beyond the atmosphere of where we stand today, where the dollar reigns supreme, uh, to a world where, uh, it won't be top dog. Uh, any longer looking forward to seeing you there.

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