MoneyMarketing

Industry News

12 Apr 2021

BlackRock's Weekly Market Commentary: Commodities rewired

Oil and industrial metals have rallied since late-2020 on expectations for a swift economic restart, sparking talk of a new commodity “supercycle.” We see a more nuanced outlook – with a divergence across different commodities.

12 Apr 2021

Outvest makes it possible for IFAs to service more clients in less time

OUTvest, the low-fee, online investment platform powered by OUTsurance, has geared itself to help streamline and grow Independent Financial Advisor (IFA) businesses. IFAs can now make use of a white-labelled version of OUTvest’s platform to service their clients end-to-end, from investment planning to onboarding and even ongoing advice.
12 Apr 2021

SIGTech's quant trading platform used by managers with $312bn in AUM

SIGTech, the provider of next-gen quant trading technology for global investment managers, has revealed that despite only launching in 2019, fund managers with a combined AUM of $312 billion are now using its platform.
12 Apr 2021

Regulating cryptocurrencies imperative for mass adoption

The infamous case of South Africa’s Mirror Trading International (MTI) has been crowned as the world’s largest cryptocurrency Ponzi scam. A total of around $589 million was lost, affecting hundreds and thousands of investors, according Chainanalysis’ 2020 Crypto Crime Report.
12 Apr 2021

COVID-19 Loan Guarantee Scheme extended for three months

The Loan Guarantee Scheme (LGS) was announced by President Cyril Ramaphosa on 21 April 2020 as part of the Economic Stimulus Package and was designed to support small businesses that were experiencing financial distress as a result of the COVID-19 pandemic.

12 Apr 2021

Government banks on retirement savers to propel infrastructure funding

National Treasury’s draft amendment to pension fund asset allocation limits places infrastructure at the centre of future investment decisions. Dr Hendrik Snyman, an investment professional, argues that infrastructure as an asset class will benefit those retirement funds utilising it as the core of their holdings over the long term.
12 Apr 2021

Genera Capital welcomes Dr Adrian Saville to its team

Genera Capital, an independent, multi-family investment office, is proud to announce the appointment of global investment specialist, Dr Adrian Saville, to its business.

12 Apr 2021

Why is a consultation with a financial adviser the one that most people dread?

It’s the consultation that most people dread – a bit like going to the dentist or getting a physical. You have anxiety about not saving enough for retirement; or adjusting your budget to match your income; or perhaps you need to plan for your kids’ education. These are daunting thoughts, but the anxiety is unnecessary,

12 Apr 2021

A critical illness wave is on the way

While businesses are still reeling from the impact of the Covid-19 pandemic on workplaces, an ominous lull in critical illness claims is the calm before a new storm on the way.

12 Apr 2021

Absa to close the Absa Money Market Fund

Absa is closing the Absa Money Market fund and has informed investors that they will need to move their funds.

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