The Association for Savings and Investment South Africa confirmed on Tuesday that assets under management by collective investment schemes remained above the R3 trillion mark, at R3.09 trillion as of the end of March 2022. This is despite the stock market instability experienced at the beginning of the year. Nevertheless, assets under management by such schemes fell marginally from R3.14 trillion at the end of December 2021.
According to Mulder, the statistics show that many investors moved their money into portfolios with a high equity exposure, expecting to further participate in last year’s market growth. Multi-asset portfolios She noted the rise in popularity of multi-asset portfolios saying, “For several years, local unit trust investors and their financial advisors were investing almost exclusively in South African multi-asset portfolios.
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Fuente: BDliveSA - 🏆 12. / 63 Leer más »
Phatisa private equity leads investment into SA citrus exporter LonaPhatisa partnered with British International Investment, Norfund and Finnfund to acquire a stake in Lona Group
Fuente: BDliveSA - 🏆 12. / 63 Leer más »