A 2022 study by US-based Fidelity Investments found that more than half of 2,013 teens between the ages of 13 and 17 said investing was too confusing. The study also revealed that 70% of teens look up to family members as financial role models, while only 34% said their families regularly talk.
Exchange traded fund (ETF) provider Satrix has launched the first ETF on the JSE to include the full universe of large-, mid-and small-cap South African-listed companies.
Helena Conradie will step down as the CEO of Satrix Investments in October. While she initially wants to take a break, she thinks she will return to the industry.