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Industry News

25 May 2021

Why investors are nervous about inflation

Inflation is still very much in focus globally. Investors are nervous that sharply higher inflation will put pressure on central banks to raise interest rates, potentially knocking the global economy and short-circuiting equity markets. After a strong run, most global equity indices pulled back in recent days as risk aversion increased.
25 May 2021

Know your rights and avoid getting fired by your insurer

Once a client is ‘fired’ from one insurer, it is very difficult to get a decent insurance policy elsewhere at the same premium rate, given that the client will have a record, says Christelle Colman, spokesperson for Old Mutual Insure.
24 May 2021

The Glacier Global Stock Feeder Fund delivers a strong performance in Q1

The Glacier Global Stock Feeder Fund turned in a strong performance for Q1 of this year, beating the MSCI World Index. In this article, we unpack some of the reasons behind this performance. The market has seen a resurgence in value-orientated sectors of the market over the last six months. Looking at returns over that time period, financials have returned 40%, energy 54%, and utilities 10%.

24 May 2021

Minister of Finance appoints first Ombud Council Board

The Minister of Finance, Mr Tito Mboweni, has appointed the first Ombud Council Board and a Chief Ombud for the Council, giving effect to the new financial Ombud system in terms of the Financial Sector Regulation Act No. 9 of 2017 (FSR Act). The Minister has appointed Ms Eileen Meyer as a Chief Ombud for the Ombud Council as a transitional measure, until a full-time Chief Ombud is appointed.
24 May 2021

Government acknowledges pressures SA’s credit ratings face

“Government acknowledges the pressures the country’s credit ratings face and remains committed to addressing them,” the National Treasury said on Friday evening, following the latest decisions by Standard & Poor (S&P) and Fitch rating agencies to leave South Africa’s investment grade and outlook unchanged.
21 May 2021

How to protect a business from currency fluctuations

If you own a business that is exposed to the risk of currency fluctuations, you could implement one of two classic hedging strategies which would serve to mitigate currency exposure emanating from importing or exporting goods abroad which invariably protects the profits generated from the operations of the business. But first, what is hedging and why is it a strategy you should consider?

21 May 2021

TIP One partnership with SDG to raise global impact funds to invest into Africa

Transformation Investment Portfolio (TIP) One, the ZAR X listed instrument that is building a portfolio of BEE Scheme investments, is pleased to announce a cooperation agreement with SDG Global Group (SDG) to work together to set up funds for investing in Africa, and to raise funds from international investors for impact projects in Africa, including investing in TIP One.
21 May 2021

Making sense of today’s retirement landscape

Two great socio-economic metamorphoses are converging at a historically unprecedented pace. They are colliding with doggedly persistent contradictions in long-term savings behaviour. It is a recipe for crisis. But also for opportunity. In this, the first of a four-part miniseries exploring the rapid evolution of an age-old conundrum, we delve into the digital disruption of work
20 May 2021

What to look for in a DFM partner

Discretionary Fund Managers (DFMs) have experienced an increase in demand for their services over the past 15 years. Internationally, the catalyst for the growth in the DFM market seems to have been the introduction of the Retail Distribution Review (RDR).
20 May 2021

Be aware: Here are some of the common investment scams

Investment and financial fraud is on the rise across the world. Each day thousands of people are conned out of their hard-earned money by scams that have increasingly become sophisticated. Ramesh Ramdeen, Head of Fraud at FNB Wealth and Investments and Ashburton Investments says that, “There are dozens of ways scammers use to gain access to people’s accounts, often masquerading as being from financial institutions."

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