South African Equity News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Majority of local investors miss out on strong stock market recovery By Opinion Share The local Collective Investment Schemes (CIS) industry reported net inflows of R13.69 billion in the first three months of this year, taking to R203.83 billion the total net inflows for the 12 months to the end of March 2021. The CIS industry statistics for the quarter and year ended March 2021, released today by the Association for Savings and Investment South Africa (ASISA), show that while net inflows in the first quarter of this year tapered off from last year’s high levels, the total annual net inflows of R203.83 billion are the highest ever achieved by the local CIS industry over a rolling 12 month period.

South africaSouth africanSunette mulderFinancial sector conduct authorityAssociation for savingsCollective investment schemesInvestment south africaShare indexBearing variableBearing money marketAsset incomeSouth african equityAsset high equityLow equityBearing short termMoney market