Nedgroup Investments is excited to announce the launch of the Nedgroup Investments Global Property Fund, with Resolution Capital as the appointed Sub-Investment Manager. Resolution Capital is a specialist investment manager based in Sydney, with primary expertise in managing global listed real estate mandates. Their disciplined investment process emphasises a global sectoral perspective and focuses on...
We are in the thick of winter and recent national warnings of extreme cold weather are a chilly reality to us all. The Western Cape and Kwazulu-Natal are experiencing heavy flooding, while in the Free State and Eastern Cape, snow is piling up.
Nic Andrew, Head of Nedgroup Investments describes three megatrends which could have significant impact on the wealth management industry over the next decade, namely: demographics, technology and consumerism.
Global stock markets plunged after the result of the UK’s ‘Brexit’ referendum, but not that long after, bounced back. That said, there is still a lot of concern around the UK leaving the European Union – especially for the longer term.
South Africa’s National Treasury is likely to forecast lower growth in its October Medium Term Budget Policy Statement, the Minister of Finance, Pravin Gordhan said today. He was speaking on the sidelines of the Nedgroup Investment Summit in Sandton.
The JSE said yesterday that it had come to the bourse’s attention that due to a programming error affecting the manner in which it extracts statistical data from its core transactional systems, the non-resident (foreign trading) statistics for the Equity Market for the period 31 May to 20 July 2016, were incorrectly calculated. The programming error...
Emira Property Fund is investing in the upgrade, redevelopment and expansion of its properties in Gauteng as part of its ongoing national programme of enhancing its real estate assets. Emira CEO Geoff Jennett, says: “We’re investing strategically and recycling capital to strengthen our assets with tactical upgrades that unlock value. This improves the quality and...
First National Bank (FNB) will maintain its prime lending rate at 10.5% following the decision earlier taken today by the South African Reserve Bank (SARB) Monetary Policy Committee to leave rates unchanged until the next MPC meeting in September. The decision applies to all prime-linked accounts.
The SA Reserve Bank’s Monetary Policy Committee kept the repo rate unchanged at 7 percent per annum.
Minister of Finance, Pravin Gordhan, led a delegation of the South African Government to the First Annual Meetings of the New Development Bank (NDB), in Shanghai, China on 20 to 21 July 2016.
Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za