More asset manager consolidation ‘is inevitable’
Mergers and acquisitions will increase because the country’s low savings rate and stagnant economy cannot support the number of fund managers.
Coronation Fund Managers
ConCourt will hear Coronation’s application for leave to appeal against R716m tax ruling
The outcome of the case could have far-reaching tax implications for SA companies with offshore operations.
Monday briefing: a round-up of recent financial services news
UT managers fight for market share | Coronation faces huge tax bill | MyMo accounts scandal | Insurance fraud | Discovery’s interim profits
Monday briefing: a round-up of recent financial services news
Ruling on written-off car | Grid failure exclusions | Residential solar CoC | Coronation judgment implications | Grey-listing risk
Your child can receive a retirement income of R80 000 a month in today’s money, says asset manager
Coronation illustrates how you can use a tax-free investment to harness the power of compounding.
Ninety One displaces OMIG as SA’s biggest asset manager
Ninety One displaced Old Mutual Investment Group (OMIG) as South Africa’s biggest asset manager last year, with total assets under management (AUM) of R690.6 billion on behalf of South African clients at 30 […]
Ninety One wins Raging Bull for SA’s top asset manager
Ninety One retained the trophy for South African asset manager of the year at the Raging Bull Awards last week. It won the most prestigious of the 10 Raging Bull awards for the […]
Coronation reports another year of net outflows
Coronation Fund Managers grew its assets under management (AUM) by 11% to R634 billion in the year to September 2021, from R569bn. However, it once again reported a net cash outflow of average […]
