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Industry News

20 Sep 2018

Interest rates remain unchanged

Luigi Marinus, Portfolio Manager at PPS Investments. The South African Reserve Bank governor announced the Monetary Policy Committee (MPC) decision to keep the repo rate unchanged at 6.5%. Two factors that lead to this decision were the MPC forecasting inflation to peak at 5.9% – which is below the top of the target band –...
20 Sep 2018

Efficiency key to overcoming tough economic conditions, says FNB

Following the South African Reserve Bank’s decision earlier today to keep interest rates at their previous level, FNB will maintain its prime lending rate at 10% and review its position following the next SARB MPC meeting in November.
20 Sep 2018

Sanlam to acquire a stake in listed real estate specialist Catalyst Fund Managers 

Sanlam Investment Holdings (SIH), a wholly owned subsidiary of Sanlam Limited, has entered into agreements to acquire an approximate 69% stake in Catalyst Fund Managers (CFM), a specialist in managing listed real estate investments both in South Africa and globally for retail and institutional investors.
20 Sep 2018

The biggest loser in insurance fraud is our struggling economy

By Johan Welthagen, Head of Claims Support at Old Mutual Insure. Pulling off insurance fraud is harder than you may think, because of the sheer number of people standing between you and your payout. Sadly, claimants who attempt to defraud their insurance company not only put themselves in danger of criminal prosecution, they are also...
20 Sep 2018

Give children the best possible critical illness cover

By George Kolbe, Head of Marketing for Life Insurance, Momentum. When children are in desperate need of help because of a critical illness, parents will do everything in their power to source the best possible care for their children and cancer is no exception. Although cancer in children and teenagers are rare, statistics indicate that...
19 Sep 2018

Why Won’t you get a Will?

By Remay de Kock, Legal Adviser at BDO Wealth Advisers.  During the past few years I have spent many hours convincing clients on the importance of a Will. Although my clients are my main concern, I spent many an hour inside my organisation to ensure that my colleagues also realise the importance thereof. But, I...
19 Sep 2018

Interest rate hike unlikely tomorrow

By Adriaan Pask, Chief Investment Officer, PSG Wealth. Indications that South Africa’s economy remained weak at the start of the third quarter of this year make it unlikely that the South African Reserve Bank’s (SARB) monetary policy committee will hike interest rates tomorrow (Thursday, 20 Sep).
19 Sep 2018

10 years on from Lehman's collapse: the impact in the decade since

By Matthew Dobbs (Head of Global Small Caps at Schroders), Robin McDonald (Fund Manager in the Schroders Multi-Manager team) and Andrew Lyddon (Fund Manager in the Schroders Equity Value team). Ten years ago, US investment bank Lehman Brothers filed for bankruptcy, marking the most symbolic moment of the global financial crisis. It remains the largest...
19 Sep 2018

Innovative app drives impact investing at grassroots level

The global trend of impact investing – investments aimed at generating social and environmental impact, along with a financial return – has experienced exponential growth over the last decade. However, despite South Africa having been flagged as a high-potential region for this booming industry, impact investing is typically viewed as being reserved for large institutional...
19 Sep 2018

Top three tips for investing in a recession

The recent announcement that South Africa is in its first technical recession in nine years has dominated conversations from the newsroom to the watercooler. However, according to Herman van Papendorp, head of investment research and asset allocation at Momentum Investments, there’s really nothing technical about a recession and investors should stick to the basics to...

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