A record year for unit trust inflows in 2020

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A record year for unit trust inflows in 2020
The latest statistics from Asisa show that collective investment schemes took in their highest ever annual inflows last year. Hedge funds, however, saw money trickle out.
By Patrick Cairns, Citywire
10 Mar 2021 
10:20 
Image: Supplied
The local collective investment scheme (CIS) industry took in net inflows of R213bn in 2020. This is the highest annual net inflow in the industry’s 55-year history, according to the Association for Savings and Investment South Africa (Asisa).
It also took the total assets under management (AUM) in rand-denominated CIS funds to a record level of R2.73tn at the end of December.

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