MoneyMarketing

Industry News

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.
20 Apr 2021

Limiting the risk elements for retirees drawing an income

New thinking is required to solve the retirement problem, says Paul Wilson, Chief Investment Officer at Glacier Invest. “It is time to change the paradigm and use all tools at our disposal,” he adds.
20 Apr 2021

Vitality partners with Gift of the Givers to support those affected by fire in CT

Vitality MoveToGive is supporting philanthropic organisation, the Gift of the Givers to provide relief to vulnerable people, as devastating fires threaten Cape Town and surrounding communities.
20 Apr 2021

BlackRock: Why we like emerging market assets

We see the economic restart and greater stability in U.S. government bond yields - as indicated by our new nominal theme - supporting emerging market assets over coming months. Their valuations appear relatively attractive in a world of low yields after a choppy start to the year. Risks to our view include potential policy tightening and sluggish vaccine rollouts in some EMs.
20 Apr 2021

Return prospects for a diversified portfolio 'still looking reasonable'

Returns over the past year have been nothing short of spectacular, and some are worrying that it’s been too much, too soon. So here is a whistle-stop tour of the main asset classes South Africans invest in. The conclusion is that return prospects for a diversified portfolio still look reasonable.

19 Apr 2021

Sexwale allegations point to 'scam'

Allegations made by Mr Tokyo Sexwale on alleged billions that have been deposited at the South African Reserve Bank (SARB) points to a common scam. This is the word from both the National Treasury (NT) and the SA Reserve Bank (SARB) in a joint statement issued this afternoon.
19 Apr 2021

Gap cover claims grow in shortfall quantum during 2020

An analysis of gap insurance claims paid by Sirago Underwriting Managers during 2020 shows that not only are average gap claims values rising, but large or mega gap claims are also increasing in frequency, with large shortfalls ranging between R41 000 and R164 000 for in-hospital treatments not paid by medical schemes.

19 Apr 2021

20% of nothing is still nothing

Just pause to consider the following headline run in the venerable Financial Times in November 2020: “Investors lose £657 million to fraud.” That’s just in the 12 months to September 2020, up 28% from the year before.
19 Apr 2021

Registration is now open for The 2021 Virtual Investment Forum

Registered financial advisers can now register for the Collaborative Exchange’s 2021 Virtual Investment Forum. Now in 11th year of existence, the Investment Forum is South Africa’s premier thought-leadership event for professional financial advisers. Some of the brightest minds in investment management from across the globe will address the 2021 event that will be held virtually....

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