Hard-pressed consumers dip into unit trust investments in second quarter
But reinvestments exceed net outflows, leaving the local collective investment schemes industry with an effective net inflow of R16bn.
But reinvestments exceed net outflows, leaving the local collective investment schemes industry with an effective net inflow of R16bn.
The average balanced fund has delivered about CPI + 2% over 10 years, which is well below the returns these funds aim to deliver.
The FSCA publishes its updated regulatory agenda for the next three years.
Assets under management increase to R3.27 trillion.
Takes one of the two fund house awards, and the funds it manages won in three of the seven fund categories.
This is one of three changes the Authority is proposing to make to Board Notice 90.
Industry hopes amendments to regulation 28, separating hedge funds and private equity investments, will boost inflows.
It’s too soon to tell how grey-listing will affect the industry, says Asisa.
Investors took an interesting approach to last year’s rollercoaster investment environment, says Asisa.
All the companies and unit trust funds that won trophies and certificates this week.
FSCA says giving investors in a targeted portfolio an opportunity to object will not effectively nullify the exemption.
Assets under management by local collective investment schemes once again surpass R3 trillion.
An estimated R88.56 billion in unclaimed assets are held by institutions across the financial sector. However, the FSCA says the amount might be far higher because there is no common understanding of what […]
Market volatility has resulted in assets under management (AUM) by the collective investment schemes (CIS) industry dropping below the R3 trillion threshold reached in the fourth quarter of last year. Assets under management […]
The FSCA has published a draft notice setting out the conditions under which collective investment scheme (CIS) managers will be exempt from some of the requirements of the Collective Investment Schemes Control Act […]
The FSCA has exempted managers of collective investment schemes from having to obtain an advanced electronic signature (AES) from an investor when transacting online. An AES is a type of digital signature. In […]
South African multi-asset portfolios found favour with investors in the 12 months to the end of the first quarter of this year, according to the Association for Savings and Investment South Africa (Asisa). […]