Industry News

Five key reasons not to DIY your investments

By Nic Horn, Director and Durban Regional Head, Citadel. The rise of new technologies and fintech has made investing simpler, more transparent and cheaper than ever before, leading many to adopt a DIY-approach to their finances. So, in a world where investing is as easy as ordering take-out, what are the dangers of self-managing your...

CPI inflation increases in August

By Luigi Marinus, Portfolio Manager at PPS Investments Consumer price inflation increased by 4.3% year on year as at the end of August 2019. This was up from the 4.0% year on year increase in July. This now marks the ninth consecutive month that year on year inflation was at or below the midpoint of...

Insurance has a new face and it is black and female

Way Financial Services, underwritten by Guardrisk, intends shaking up the industry Most people expect to see white males dominating the corner offices in the insurance industry. Imagine the excitement, then, when introduced to an insurance company owned, led and defined by black women.

Blockchain: From irrational exuberance to genuine adoption

By Alain Chevée, Director, Geneva Management Group.   Thanks to Bitcoin and other crypto-currencies, blockchain has become associated with speculators and maverick investors. But with the excitement around cryptocurrencies having tempered somewhat attention is now turning to blockchain’s more practical uses. The industrial and commercial sectors, which make up the bulk of GDP in many developed...

Tax and its effects on a deceased estate

In recent years, the effect of various taxes on a deceased estate has become more and more important to take into consideration when attending to estate planning prior to the drafting of one’s Will.

MoneyMarketing September 2019

Manuel: 'It was never my intention to show disrespect to the learned judge'

Mr Trevor Manuel, Chairman of Old Mutual’s board of directors, apologises unreservedly for the following observation he made at the Old Mutual media conference on 13 September 2019, in the context of the pending litigation with the former CEO, Mr Peter Moyo:

Are ETFs destroying capital markets?

By Ben Volkwyn, Head of Private Clients, Cannon Asset Managers. Exchange Traded Funds, more popularly known as ETFs, have undergone exponential growth over the past 20 years without any signs of slowing, irrevocably changing the way in which investors interact with the market.

Sit tight or consider international platforms

An investment risk outlook for 2019 Q4. Political and economic uncertainty are wreaking havoc with the rand. The currency has depreciated 6.5% against the dollar in August, with the worst performance among emerging-market currencies after Argentina’s peso. During the past month, it has whipsawed between daily gains of as much as 1.1% and losses of...

Why you should have an up-to-date will in place

Drawing up a will, no matter how upsetting, should be a priority. Having a will in place ensures that those you leave behind are taken care of in your absence.