Sanlam partners with Ninety One in R400 billion asset deal
Ninety One will acquire Sanlam Investment Management and oversee investment management for Sanlam Investments UK.
Ninety One will acquire Sanlam Investment Management and oversee investment management for Sanlam Investments UK.
Assets under management grew to a R3.8 trillion, up 13.7% year-on-year, supported by strong equity market performance.
The group’s latest trading update discloses a 19% surge in gross flows and a rebound in net client cash flows.
The group’s new business volumes in life insurance grew by 12%, while net operational earnings rose by 17%.
Carina Wessels of Alexforbes discusses the urgent need for retirement funds to ‘learn forward as they lean forward’ to ensure long-term sustainability and relevance.
The stronger rand has shifted the focus back to domestic equities and property. Managers leaning into local value and shedding expensive offshore assets are reaping the rewards of this pivot.
Jittery investors continue to forego the benefits of remaining invested in equity portfolios over the long term.
PSG executives Wendy Myers, Anet Ahern, and Karen Rimmer draw on their own experience to provide advice on how women can climb the corporate ladder.
Alexforbes is focusing on individual consulting as its main growth area, with in-fund asset flows of R3.5 billion for the year.
Introducing prescribed assets for retirement funds won’t solve South Africa’s solvency problems, directors say.
The full list of winners at this year’s Raging Bull Awards ceremony.