Coronation’s fat year not, as clients withdraw a net R44bn
Financials released yesterday by “Trust Is Earned” asset manager Coronation also explain a share price that’s halved in the past year.
Asset management
Allan Gray’s passing a reminder of my personal Settler debt
As we are reminded by the passing of legendary Allan Gray, many descendants of the Settlers have made a significant contribution to the nation.
Performance is everything and the numbers tell the story
Performance is the only thing that matters to investors – and it is best measured as their long-term investment return after all fees are charged.
10X Investments giving the gifts away as it turns 10
To celebrate the 10th anniversary of its High Equity Fund, 10X Investments is offering existing and new customers 10 fee-free months on a variety of new investments started in January.
CoreShares launches new multi-factor smart beta fund
CoreShares, a leading passive investment manager in SA, has launched its new Smart Beta equity fund – the Scientific Beta Multi-factor Index Fund.
Long-term investing in a rapidly changing world
How can asset managers confidently ask clients to invest with them for the very long-term in this rapidly changing and politically uncertain world?
PSG Balanced Fund passes R6bn in AUM
The Fund joins the PSG Flexible Fund (which stood at over R8bn as at the end of October 2016) as one of two of PSG’s funds to have crossed the R6bn marker.
Paul Stewart: The risk of risk-adjusted returns?
As an investment house, Grindrod Asset Management believes that the investment industry is often preoccupied with short-term risk and return.
Former FinMin Nene gets new gig – joins Allan Gray board
Asset management group Allan Gray has appointed former finance minister Nhlanhla Nene as a non-executive director, hoping to tap his strategic and leadership skills.
Old Mutual strategic split: Case of when, not if. Timing crucial.
George Hay says Old Mutual’s carve-up is not a case of if, but rather when. The timing of the split will be crucial and now might not be the best.