Discovery launches new investment platform that looks at how long you will live

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 61%

Business News News

Business Business Latest News,Business Business Headlines

Discovery Group has launched Cogence, a discretionary fund manager (DFM) to provide investment solutions for local investors.

Discovery Group has launched Cogence, a discretionary fund manager , to provide investment solutions for local investors.

“Firstly, investment markets are more sophisticated and complex than ever. At the same time, we’re seeing local investors increasingly looking to invest more globally.” “Secondly, more than 90% of people in South Africa can’t afford retirement, relying on their family or state, and often the elasticity of savings behaviours is more important than investment returns.”

Kenny Rabson, CEO of Discovery Invest, said, “Navigating financial planning for the future is multi-dimensional and is compounded by complexities and difficulties. The ability to use technology to model the impact that these factors will have on retirement provision is becoming vital, and investors need global expertise with local applicability.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 24. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the KZN construction mafia, which has rebranded itself as a legit business lobby | Fin24The Durban construction mafia is going legal. For four years, they invaded construction projects and stopped work, demanding a 30% slice of the contract value. Now, they are cleaning up their modus operandi and image. | politicsblahbla politicsblahbla Halalaa 🎉 🎉 💃 politicsblahbla Just following our governments behavior. politicsblahbla Next we'll be reading that the Zama Zamas have gone legal.
Source: News24 - 🏆 4. / 80 Read more »