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Industry News

22 May 2018

The rise of 'meta cities' and the impact on real estate investing

Hugo Machin, Co-Head of Global Real Estate Securities at Schroders, explains the rise of a new breed of ‘meta cities’. Urbanisation will be the defining trend of the next 25 years, says Hugo Machin, Co-Head of Global Real Estate Securities at Schroders. “It will underpin where and how we live, how we work and what...
22 May 2018

Hot stocks in the food and agri sector

The food and agricultural sector may not enjoy the high profile spotlight of tech companies, but global supply constraints and demand drivers make these stocks a very attractive component of any well-diversified portfolio. This is according to Andrew Dittberner, Chief Investment Officer, Old Mutual Private Client Securities, who says that a variety of investment opportunities...
22 May 2018

Credit life insurance – what it covers and why you need it

  Despite the fact that credit life insurance provides invaluable protection to the policy holder in the event of them not being able to service their loan repayments due to death, disability or retrenchment, most people are unaware of even having this cover, how much they are paying each month, what the benefits are, or...
22 May 2018

PSG Wealth expands Gauteng footprint further as SP Wealth Management joins the fold

PSG Wealth, the financial planning and wealth management division of JSE-listed PSG Konsult, has acquired a stake in leading Johannesburg wealth management firm SP Wealth, which has rebranded as “PSG Wealth Rosebank”.
21 May 2018

'There are three types of interest rates or borrowing costs in an economy'

By Dave Mohr (Chief Investment Strategist) & Izak Odendaal (Investment Strategist), Old Mutual Multi-Managers. They say three’s a crowd, but the worry for many investors is that more than three is a stampede. The yield on the benchmark 10-year US government (Treasury) bond broke decisively above 3% for the first time since 2011. A nice round...
21 May 2018

Capitec Bank enters the insurance market

Capitec Bank today added insurance to its expanding range of financial services products, with the launch of Capitec Insure and a unique funeral product. The Capitec Funeral Plan, underwritten by Centriq Life Insurance Company Limited, is set to be the most affordable and flexible insurance product of its kind in South Africa. Featuring paperless applications, claims paid out within four hours,...
21 May 2018

Stronger dollar a headache for the rand

By Mehul Daya and Walter de Wet of Nedbank. The stronger US dollar has rung alarm bells in financial markets – the US Dollar has gained 5% since mid-February 2018 as the US Federal Reserve reverses quantitative easing and signals a series of staccato rate rises. The dramatic comeback in the US dollar has led to...
18 May 2018

Financial tips for planning a wedding

The biggest anticipated wedding of the year is finally upon us – Saturday, 19 May – where Prince Harry will be tying the knot and saying ‘I do’, to former Suits star Meghan Markle. If you’re planning to walk down the aisle anytime soon or involved in an upcoming wedding planning process – maybe having...
17 May 2018

Platform for independent wealth manager financial advisers launched

INN8, the first investment platform business of its kind in South Africa, has officially launched. Built with independent wealth manager financial advisers in mind, INN8 is inspired by global investment trends and focused on delivering international benchmark platform services that incorporate a client-centric approach that advisers can intrinsically relate to. Market research found that financial...
17 May 2018

FNB solves SME needs through digital innovation

FNB has announced that SMEs can now completely switch or open a new bank account in less than five minutes through selfie authentication and digital KYC on the FNB App. This paperless cheque account opening process uses biometric technology to validate the business and its owner, allows the SME to order and courier new cards,...

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