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Tag Archives | CIS

stats

Annual CIS stats – Industry shoulders tough markets and attracts net inflow of R93.5 bn

The local Collective Investment Schemes (CIS) industry attracted net inflows of R93.5 billion in 2018, ending the year with assets under management of R2.24 trillion. The annual CIS industry statistics for 2018 was released by the Association for Savings and Investment South Africa (ASISA) last week. The results indicate that the local CIS industry showed remarkable resilience […]

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stats

CIS industry stats – Investors undeterred by volatility

The Association for Savings and Investment South Africa (ASISA) recently released the Collective Investment Schemes (CIS) industry statistics for the third quarter ending September 2018. Besides the stock market volatility, a troubled economy and the turmoil in emerging markets, local investors still committed a healthy R54 billion in net inflows to the industry. These inflows pushed the […]

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guidelines

CIS Portfolio Performance Guidelines

CIS Information Circular 30, published on 12 July 2017, contains guidelines from the Registrar regarding the publishing and disclosure of CIS portfolio performance. The Registrar has noted that some managers of Collective Schemes Investments are publishing and disclosing performance of a portfolio class or the highest fee class instead of the performance of the overall portfolio. The […]

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Registrar authorises portfolios to ‘side pocket’ ABIL debt

The Registrar of Collective Investment Schemes (CIS) will allow CIS managers to create new funds, known as “side pockets”, to host African Bank Investment Limited (ABIL)’s debt instruments. The move seeks to assist managers to segregate the less liquid ABIL assets within their portfolios from the remaining assets and in so doing limit new investors […]

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Hedge Fund Regulation a Step Closer

The National Treasury and the Financial Services Board (FSB) published a Joint media statement outlining their preliminary response to stakeholder comments on proposals released in September 2012 for regulating hedge funds. Annexure A, referred to in the statement, contains full details of the responses received, and is published on the FSB website under the CIS […]

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