Massive blow-up in financial services industry relating to increase in offshore exposure has been a long time coming, says top independent advisor. He sets out the battle lines.
The business week in review: Taxpayers foot massive travel bill, Sygnia speaks on ASISA lobbyists; Zondo Commission.
Alec Hogg shares his rational perspective Leon Campher, CEO of Asisa – the organisation that lobbied to halt new exchange control regulations
‘The reality is that there is more at stake than just the views of asset managers’, said ASISA CEO Leon Campher. Listen to what he told BizNews here.
‘A handful of large asset managers who control the wealth of most South African investors have seemingly appointed themselves the custodians of all decisions relating to foreign investments, thereby disempowering others’.
Alec Hogg shares his perspective on what’s behind the decision for the SARB and National Treasury to halt exchange control regulations.
We talk to Magda Wierzycka and Magnus Heystek about the exchange control regulation amendments that were suddenly halted this week.
The circular recently issued by the Sarb that reclassified ETFs referencing foreign assets as domestic assets caught everyone by surprise.
Inward-listed ETFs can now be treated as domestic assets. But what do these new rules mean for you and me, exactly? Jarryd Neves unpicks the details.
Investment expert, entrepreneur says active asset managers unlikely to celebrate re-classification of ETFs with foreign assets as domestic.