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.
Collective Investment Schemes
The unit trust category that has far out-performed the others over the past decade
The average balanced fund has delivered about CPI + 2% over 10 years, which is well below the returns these funds aim to deliver.
When will Cofi be served?
The FSCA publishes its updated regulatory agenda for the next three years.
Unit trust portfolios that attracted the most money over the past 12 months
Assets under management increase to R3.27 trillion.
Truffle Asset Management wins big at the Morningstar awards
Takes one of the two fund house awards, and the funds it manages won in three of the seven fund categories.
FSCA to allow regulation 28 unit trusts to invest in hedge funds
This is one of three changes the Authority is proposing to make to Board Notice 90.
SA hedge funds grow their assets by 30% in 2022
Industry hopes amendments to regulation 28, separating hedge funds and private equity investments, will boost inflows.
Collective investment scheme assets once again exceed R3 trillion
It’s too soon to tell how grey-listing will affect the industry, says Asisa.
Where SA unit trust investors allocated their money in 2022
Investors took an interesting approach to last year’s rollercoaster investment environment, says Asisa.
This is South Africa’s best asset manager of 2022, according to the Raging Bulls
All the companies and unit trust funds that won trophies and certificates this week.
Balloting exemption when CIS portfolios are amalgamated now in effect
FSCA says giving investors in a targeted portfolio an opportunity to object will not effectively nullify the exemption.
Where unit trust investors are putting their money
Assets under management by local collective investment schemes once again surpass R3 trillion.
Financial institutions may hold far more than R88bn in unclaimed assets
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 sees CIS assets under management fall below R3 trillion
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 […]
FSCA proposes to ease requirements for CIS portfolio amalgamations
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 […]
CIS managers don’t have to obtain an investor’s advanced electronic signature
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 […]
Multi-asset unit trusts back in favour with SA investors
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). […]
