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Industry News

22 Apr 2021

CoreShares bolsters range with comprehensive global ETF

CoreShares has announced that it will be listing a new ETF on the JSE. The CoreShares Total World Stock Feeder ETF (share code: GLOBAL) will track the FTSE Global All Cap Index.
22 Apr 2021

Futuregrowth gains substantial black shareholder: Approaches >50% BEE ownership

Futuregrowth and Old Mutual Investments Holdco sign Share Sale Agreement to acquire 21.2% of Futuregrowth shares by wholly black women-owned AIH and AIH Capital.
21 Apr 2021

Crowdfunding offering available to investors within a regulated environment

Online investing portal Wealth Migrate SA has been approved as a Category I Financial Services Provider which allows it to provide its crowdfunding offering on an intermediary services basis using shares as a financial product category.
20 Apr 2021

Understanding the true cost of 'noise' when investing

The four most dangerous words in the world of investing just might be “this time it’s different”. When it comes to making investment decisions, consistency is key, and making emotional decisions in reaction to extraordinary events, often destroys market value for investors.

20 Apr 2021

How impact investing can help reverse losses in the battle against inequality

For all the noise against rising poverty, hunger and unemployment, the numbers are still going the wrong way. Yet, the world is awash with cash following unprecedented stimulus that spurred stock markets to record highs, interest rates to all-time lows and a global scurry for everything from mielies to cryptocurrencies.
20 Apr 2021

Covid-19 is here to stay

Most South Africans probably think our death rate from Covid-19 is around 50,000 people. But it is likely triple this amount based on South African Medical Research Council modelling. This alarming information was revealed by Professor Shabir Madhi at PSG’s latest Think Big webinar this morning. As Professor of Vaccinology at the University of the Witwatersrand and Director of the world-renowned Medical Research Council Vaccines and Infectious Diseases Analytics Research Unit (VIDA), Prof Madhi has access to data and an ability to interpret it that most of us do not.
20 Apr 2021

Habits that set successful investors apart

When investing, sometimes the best course of action is to do nothing. Having the ability to block out the noise, and look through the cycle, are some of the cornerstones to investment success over the long term. But what else sets successful investors apart? Nomi Bodlani discusses.

20 Apr 2021

ABSA: Mminele steps down and interim CEO is appointed (Updated)

Shareholders have been informed that Daniel Mminele has stepped down as Group Chief Executive of Absa Group and Absa Bank, and will cease to be an employee of the Group with effect from 30 April 2021.
20 Apr 2021

Sygnia lists 11th ETF on A2X

Sygnia’s Itrix S&P Global 1200 ESG exchange traded fund (ETF) has been approved for a secondary listing on A2X Markets. Sygnia’s newest ETF joins ten other Itrix ETFs which listed on A2X on 14 April 2021.The Sygnia Itrix S&P Global 1200 ESG ETF will retain its primary listing on the JSE and will also be available for trade on A2X from 28 April 2021.
20 Apr 2021

Laurium Africa USD Bond Fund launched

Laurium Capital (Pty) Ltd (Laurium), one of South Africa’s leading hedge fund and long only fund managers has launched its first Irish-domiciled UCITS fund, the Laurium Africa USD Bond Fund, on the Prescient Global Funds ICAV platform. This is according to a statement from Prescient Fund Services.

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