Sanlam, Absa asset management transaction concluded
It creates a black-owned investment manager with more than R1 trillion in assets under management.
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 moreIt creates a black-owned investment manager with more than R1 trillion in assets under management.
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 […]