Assets held by collective investment schemes reach new record high
ASISA attributes the growth to market performance and net inflows of R110 billion over the 12 months to the end of December 2023.
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FSCA clears the way for CIS managers to establish retail feeder hedge funds
The 75% investment limit in Board Notice 52 inadvertently excluded the establishment of retail feeder hedge funds as a portfolio style.
How the independent financial adviser market fared in 2023
Insights from Ninety One on the sector’s investment flows, fee trends, and revenue growth.
FSCA publishes extensive draft Conduct Standard for CIS managers
Implementing the draft Conduct Standard will have cost implications for CIS managers – some of which may be substantial, particularly for smaller managers.
Volatility results in decline in CIS assets under management in the third quarter
But AUM grew by 11% when measured over the 12 months to the end of September.
