CIS industry assets fall back below R3-trillion

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Business News News

Assets under management for the local CIS industry stood at R2.98-trillion at end-June 2022

SA’s collective investment schemes industry reported net inflows of R21bn for the second quarter of 2022, bringing total net inflows for the 12 months to end-June 2022 to R110bn.

However, despite the healthy net inflows in the second quarter, CIS assets under management fell back below the R3-trillion threshold, which was first achieved in the fourth quarter of 2021. AUM for the local CIS industry stood at R2.98-trillion at the end of June 2022, down from the R3.09-trillion recorded at end-March...If you have already registered or subscribed, please sign in to continue.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I never knew I would be what as I'm today so mush suffering, saw a post about your platform and I took a step to try if it's going to work, you changed my life financially, I just want to share your good work and let the world know how great you are JamesAlderson0

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:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines