Stay updated with breaking news from பரஸ்பர செல்வம். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
MONEYWEB app instead? Old Mutual to rate all its unit trusts in terms of ESG scoring ‘In 2020 we saw ESG index funds grow by 221% to $189 billion [in assets]’ – Elize Botha, MD of Old Mutual Unit Trusts. 09:07 Open: SIMON BROWN: Iâm chatting now to Elize Botha. She is managing director of Old Mutual Unit Trusts. Elize, good morning. I appreciate your time. …we’ve chatted before around the ESG (environmental, social and corporate governance) unit trusts that Old Mutual has launched. Youâve come out with a new strategy in a sense, where you’re actually going to look across your range of unit trusts available and rate all of them in terms of their environmental, social and governance scores. ....
President Cyril Ramaphosa has vowed that the government was on track to create 100 000 new jobs by the end of 2023 as it ramps up the Presidential Employment Stimulus (PES) plan. ....
FirstRand has reintroduced its dividend after it recovered faster than expected from the depth of the Covid-19 pandemic. Although first-half earnings are down from a year ago, it says the economy has rebounded better than it anticipated. South Africa’s largest bank by market value held back on a final dividend last June after making significantly larger allowances for bad debts due to the hard lockdown, which affected the ability of its customers to repay their loans. Last April, the Reserve Bank’s Prudential Authority advised banks to preserve capital due to the potential stress Covid-19 could exert on their balance sheets. ....
‘Markets have not only recovered but started to soar in recent months’ The US election win for Joe Biden and the approval of vaccines to fight covid-19 has sparked a resurgence in UK financial advisers allocating equity assets. According to Quilter’s platform Old Mutual Wealth, data shows Q4 2020 net flows into UK equities rose by 12.9%, while European and North American equity inflows grew by 10% and 9.3%, respectively. Despite emerging markets still suffering from net outflows, the pace reduced greatly compared to the third quarter. Old Mutual Wealth said that much of these flows are “driven by the deployment of cash”, a trend that has been evident since the build-up of funds following the first quarter of 2020, ....