MoneyMarketing

Industry News

01 Apr 2021

Percy’s not a pig

At Momentum Investments we talk at length with clients about our outcome-based investing philosophy, and how we build funds and portfolios that are designed to make the investment journey as palatable as possible, helping clients to stay the course.
01 Apr 2021

ETFs – So much more than just equities

There is a common misconception that Exchange Traded Funds (ETFs) are for equity investors only. This false impression may be driven purely by the fact that like equities, exchange traded funds are listed on stock exchanges.
01 Apr 2021

Creating a gateway to adviser-led banking that aligns interests and shares greater value

For years, sharing value with clients and rewarding them as they become healthier and drive well have been synonymous with products from Discovery. The rewards are a tangible manifestation of the core purpose we set from the start – to make people healthier and enhance and protect their lives.
31 Mar 2021

Eskom Pension and Provident Fund appoints new Chief Executive and Principal Officer

The Eskom Pension and Provident Fund (EPPF) Board is pleased to announce the appointment of Mr Shafeeq Abrahams as the new EPPF Chief Executive and Principal Officer. He will take up his position on 1 April 2021.
31 Mar 2021

Wild market speculation is back

Markets are about as polarised as they’ve ever been, with extreme divergences existing between developed and emerging markets; small cap shares versus large cap; and growth shares versus value. And these extremes should be viewed in conjunction with the most notable extreme in modern-day markets: interest rates.
31 Mar 2021

15 facts about the Covid vaccine

Although the vaccine rollout for healthcare workers has begun, myths and misinformation continue to circulate around its development, efficacy and just how the vaccine will help manage or mitigate the spread of the virus.
31 Mar 2021

Minister of Finance approves Access Bank’s acquisition of Grobank

The Minister of Finance, on the recommendation of the Prudential Authority (PA), has approved the proposed acquisition of the controlling interest in Grobank by Access Bank Plc (Access Bank). Access Bank is a Nigerian-registered multinational bank with a footprint across Africa, the United Kingdom and Asia.
31 Mar 2021

What happened to Archegos? And could the same thing happen to a local fund?

Last week Friday, Archegos Capital Management – a family office in New York City – had to unload $20bn dollars of its shares, due to it not being able to meet its margin obligations to lenders. Consequently, share prices of Chinese companies Baidu and Tencent, plus US stocks such as ViacomCBS and Discovery, crashed.

31 Mar 2021

Amid Recession, Sub-Saharan Africa Poised for Recovery

Economic growth in Sub-Saharan Africa is estimated to have contracted by 2.0% in 2020, closer to the lower bound of the forecast in April 2020, and prospects for recovery are strengthening amid actions to contain new waves of the pandemic and speed up vaccine rollouts, according to the World Bank’s biannual economic analysis for the region.
31 Mar 2021

What to do if your partner has no retirement provision

A harsh truth facing many South Africans is that they haven’t saved enough. But what do you do if you find out your partner has no retirement savings?

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