Greylisting 'regrettable', but we've survived other shocks, says investment industry body | Business

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The Association for Savings and Investments South Africa (Asisa) says the local investment industry has responded resiliently to various shocks in the past. | News24_Business

Despite the threat of greylisting looming last year – and an amendment to Regulation 28 allowing people to take more money offshore – the local unit trust industry attracted R108 billion in inflows in 2022, returning assets under management to more than R3 trillion by the end of the year.

South Africa's Collective Investment Schemes industry – or what many people call unit trusts – ended 2022 with R3.14 trillion in assets under management, surpassing the record milestone of R3 trillion reached in the last quarter of 2021.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

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_Business Why are all MSM and govt all downplaying the greylisting. It is another failure of CyrilRamaphosa administration. The banks is SA and we'll as the SARB must also take responsibility. State capture happened and continues to happen due to co operation of banks with criminals.

_Business This is bad and you cannot tell me otherwise

_Business Hahahaha especially when there were no funds to loot. Propoganda

_Business

_Business its not about how well we respond to the shock , as prevention is always better than cure m sure yrll know that rite

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