MoneyMarketing

Industry News

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."
20 May 2021

This Financial Planning Week, join the FPI in building a brighter future for SA

Every October the FPI hosts Financial Planning Week, an ongoing consumer initiative designed to make financial planning a fundamental aspect of South African lives. Contributing just a little of your time, knowledge or expertise to this noble cause won’t only build a better future for our beloved country – it will also reap tangible rewards for you and your business.
20 May 2021

The new Prudential Property Fund: Taking advantage of new opportunities

Prudential Investment Managers has added a new fund to its selective range of unit trusts, the Prudential Property Fund. The new fund is Prudential’s response to the changing fundamentals of South Africa’s listed property sector, and is now available to retail investors after having been open to corporate and institutional clients since July 2020.
20 May 2021

How the world is warming to sustainable investing

The EU is considered by many to be the leader in sustainability regulation. This is true in the sense that the EU has been the first to set the foundations for a sustainable finance framework and has a head start in developing the corresponding regulation. According to Anastasia Petraki, Head of Policy Research at global asset manager, Schroders, other markets, particularly Asia, are close at its heels.
20 May 2021

Investment bankers must prioritise relationships to help clients succeed in a post-Covid-19 world

When Covid-19 arrived in South Africa, one of the many impacts it had was to fundamentally alter the way investment bankers and advisers engaged with their clients. Gone are the regular face-to-face client visits by the advisory team; replaced by digital interactions, which sacrifice the personal feel of an onsite visit.
19 May 2021

Liberty's claim statistics show significant increase in retrenchment and mortality

Liberty's claim statistics for 2020 show a significant increase in retrenchment and mortality claims following the beginning of the COVID-19 pandemic and hard lockdown in April, which had a substantial impact on the country's economy. In 2020 Liberty paid out R6.34 billion in claims to its individual clients under the flagship Lifestyle Protector product and legacy risk products.
19 May 2021

Old Mutual’s risk cover claims pay-outs soar to over R14 billion in 2020

Old Mutual today announced that it paid R14 billion in risk cover claims in 2020. The pay-out includes underwritten, non-underwritten and corporate claims and represents a year-on-year increase of 24%. On releasing its claims statistics for 2020, the group said that several trends relating to the spread of Covid-19 were evident in the new figures.

19 May 2021

Ninety One says full-year AUM rises 27%

Ninety One said assets under management for the year ended 31 March 2021 increased by 27% to a record £130.9 billion, driven by the market recovery. Firm-wide Investment performance improved, with three-year outperformance at 82%.
19 May 2021

Brighter times for investors - but risks remain

Things have been going very well lately. Investment returns over the past year have been fantastic, certainly better than anyone could’ve hoped for given the Covid-19 pandemic. And the global economic growth outlook for the next year or so is bright. But instead of sitting back complacently, ask tough questions on what could go wrong.

Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za