Where unit trust investors are putting their money
Assets under management by local collective investment schemes once again surpass R3 trillion.
Unit trusts
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 […]
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). […]
Fundisa won’t accept any investments from the end of September
The Fundisa education unit trust fund will not accept investments from the end of September this year, and Asisa aims to close the fund by the end of March next year, the Association […]
Closure of Absa Money Market Funds knocks CIS inflows
The closure of South Africa’s biggest money market fund in the second quarter knocked the collective investment scheme industry, with total net inflows hitting their lowest level in five years in the year […]
Closure of Absa Money Market Funds knocks CIS inflows
The closure of South Africa’s biggest money market fund in the second quarter knocked the collective investment scheme industry, with total net inflows hitting their lowest level in five years in the year […]
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 […]
Sanlam pushes assets managed by black-owned firms to R1.15 trillion
The inclusion of Sanlam Investments swelled the assets under management (AUM) of black-owned management companies to R1.15 trillion in June, from R667.8 billion in June last year. This is according to 27four Investment […]
