B2B Central

Sygnia

07 Dec 2017

Steinhoff - the largest corporate failure of the active asset management industry yet

By Janice Roberts

By Magda Wierzycka. The failure of Steinhoff has shocked even the most seasoned asset managers. It is the biggest corporate failure on the JSE. Allegations of earnings manipulations, uncontrolled acquisition sprees and tax fraud are just the tip of the iceberg. Off-balance sheet companies were set up to hide losses, executives collaborated with each other to...
06 Dec 2017

New Sygnia ETF lists on JSE

By Janice Roberts

The Sygnia Itrix 4th Industrial Revolution Global Equity ETF, the first Exchange Traded Fund (ETF) of its kind in South Africa, was listed on the Johannesburg Stock Exchange (JSE) today. It offers local investors the opportunity to gain exposure to global companies at the forefront of the 4th Industrial Revolution, with the added benefit of...
02 Nov 2017

SYGNIA 4th Industrial revolution Global Equity Fund delivers 41.81% return

By Janice Roberts

The Sygnia 4th Industrial Revolution Global Equity Fund recently celebrated its one year anniversary by giving investors a Rand return of 41.81% after fees. That is 13.38% higher than the return of the S&P 500 Index over the same period (until 31 October 2017).
30 Mar 2017

Sygnia acquires db X-trackers

By Janice Roberts

Sygnia announced today that it has signed an agreement to purchase db X-trackers (RF) Proprietary Limited (“DBX”) from Deutsche Group Holdings (SA) Proprietary Limited for R325 000 000, subject to obtaining the necessary regulatory approvals.  Following this, and subject to FSB approval, the company and the ETFs will be rebranded.
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