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SA households turn to banks to save at expense of investment industry

Banks are winning a greater share of South Africa's limited savings pool as many investors have turned to cash and money market funds as a place of refuge in a volatile market.

South africaSangeeth sewnathNinety oneSun city

Right of Reply - You confused Ninety One with Coronation

BizNews appreciates this clarification from Ninety One, considering the very shaky ground it is on.

South africaUnited kingdomSouth africanMagnus heystekAlec hoggThabo khojaneSangeeth sewnathA sean pecheUnited kingdom alpha fundEquity fundAssociation for savingsNinety oneSean pechePerformance feeBiznews businessMessrs khojane

An ocean to invest offshore for SA retirement funds under Regulation 28

Regulation 28 has changed to allow retirement funds to take up to 45% of their funds offshore, up from 30%, brings a wave of change.

South africaUnited statesMagnus heystekGraydon morrisWarren ingramAlexander forbesSangeeth sewnathStuart theobaldGoldman sachsVictoria ashwinWall streetSterling wealthNinety one asset managersOld mutualBusiness dayAsset management

R800 billion could be taken out of South Africa over the next five years: report

R800 billion could be taken out of South Africa over the next five years: report
businesstech.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstech.co.za Daily Mail and Mail on Sunday newspapers.

South africaSouth africanAdam bulkinSangeeth sewnathMorgan stanleyNinety oneSanlam investments

Up to R800bn may exit SA after change to offshore asset rules

Asset managers warn amendments to the asset allocation limits of local pension funds could result in huge outflows

Enoch godongwanaGarth theunissenPension funds actSunday timesAsset limitSangeeth sewnathNinety oneMorgan stanleyNational treasuryNinety one saReserve bankAsset allocationRegulation 28Offshore investmentUsiness live

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