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.
The SARB has forfeited to the state cash totalling R42m from Berdine Odendaal’s bank accounts, as well as her R18m property in Paarl’s Val de Vie estate.
Read moreBut AUM grew by 11% when measured over the 12 months to the end of September.
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The country is in a position similar to the one it was in before the apartheid system collapsed.