MoneyMarketing

Industry News

05 Sep 2024

Index-tracking balances costs and returns in high-fee markets

By: Yusuf Wadee, Head of Exchange-Traded Products at Satrix Investors worldwide are grappling with high investment fees. For example, 34% of global investors surveyed in a recent finance Investors’ Costs and Fees poll say their fund servicing costs have increased in the past three years. Yusuf Wadee, Head of Exchange-Traded Products at Satrix, shares insights...
05 Sep 2024

What will it take for foreign investors to overweight South African equities?

By: Jan-Daan Van Wyk, Stonehage Fleming Investment Management Associate Director The South African euphoria trade is not over yet, and the figures show that foreigners are nibbling in South Africa’s financial market. While the equity market is still experiencing net negative flows this year, the dial shows signs of a shift in the bond market....
05 Sep 2024

Protect against volatile markets with a low-risk investment

By: Scott Cooper, Investment Professional, Marriott Investment Managers As the year has unfolded, many central banks have faced increasingly difficult interest rate decisions. On one hand, cutting too soon could lead to increased optimism, accelerating economic activity, and risk the reemergence of the inflation. On the other hand, maintaining restrictive monetary policy for too long...
04 Sep 2024

Wills Week 2024: A crucial initiative for financial advisers

The Law Society of South Africa (LSSA) will be holding its annual Wills Week from 9 to 13 September 2024. It’s a significant event that offers a unique opportunity for financial advisers to engage with their clients on the critical subject of estate planning. Wills Week aims to provide free will-drafting services to the public,...
04 Sep 2024

Transferring clients: Is buying a client book worth it?

By: Tracy Wright, Masthead Compliance Officer and Sharren Bhagwandin, Masthead Compliance Officer Transferring or acquiring a client book can boost your financial advisory business, but it’s not without its challenges. We delve into the intricacies of client transfers and the factors financial service providers (FSPs) should consider before making this decision. There are many reasons...
04 Sep 2024

The Two-Pot System and the value of good advice

By: Siobhan Cassidy, MoneyMarketing Contributor By giving access to some of their retirement savings while enforcing the preservation of the rest, South Africa’s new Two-Pot Retirement System, effective from 1 September, goes some way to reconciling two potential crises (immediate and future) for savers. Much has been said about the dangers of allowing access to...
02 Sep 2024

The winning formula for a successful DFM partnership

By: Pat Magadla, Head of Distribution, and Mersey Booysen, Head of Operations at Equilibrium Discretionary Fund Managers (DFMs) play a vital role in managing investment portfolios, allowing advisers to focus on client relationships and business growth. But what makes a DFM truly successful? And what are the key ingredients for building a winning partnership between...
02 Sep 2024

Profile’s Annual Unit Trust Awards

For 27 years, Profile has been at the forefront of recognising excellence through its support of and supplying data and analysis for the South African and Offshore industry awards. These awards celebrate top-performing unit trusts and their fund managers who have achieved exceptional results across various sectors. Since the launch of the Sage Fund, in...
29 Aug 2024

Countdown to Two-Pot: Fewer early withdrawals as financial optimism improves

By: Vuyokazi Mabude, Head of Knowledge and Insights at Old Mutual With South Africa’s new Two-Pot Retirement System about to launch, research suggests that fewer people plan to dip into their retirement savings early. The 2024 Old Mutual Savings and Investment Monitor’s deep dive into the Two-Pot Retirement System reveals that the number of working...
29 Aug 2024

Future wealth creators: Opportunities in a new era

By: Clyde Rossouw, Head of Quality at Ninety One The market is currently dominated by a small group of well-resourced tech players: the Magnificent Seven and the companies that feed their ecosystem. As inthe dot.com bubble, an impressive narrative supports these stocks, centred on how tech will change the shape of the market forever. But...

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