Topical articles, commentary and interviews from the unit trust industry and the broader economy, edited by Liz Still, Head of Research at Equinox.co.za. Please email with any comments or suggestions.
Many of these articles have appeared as part of our regular newsletter.
| 23 Dec 05 |
The JSE closed at a record 18 042 on Thursday evening, helped by a burst of
positive sentiment for gold. According to information provided by Fin24,
resources rose 0.69%, the gold mining index.. |
| 23 Dec 05 |
We would like to wish all our clients and regular visitors to our website a
blessed Christmas, as well as a peaceful and prosperous New.. |
| 21 Dec 05 |
Freelance writer Leon Kok writes that he is beginning to feel increasingly
concerned about fund advice given to the average investor. Not only is he or she
bamboozled by the choice of 500 plus.. |
| 19 Dec 05 |
As the sun sets on 2005, and before the collective country grinds to a
complete halt, a couple of points to.. |
| 14 Dec 05 |
One of the most discerning features in the unit trust industry this year has
been Sanlam Investment Management's (SIM) comeback on the performance
tables, writes free lance writer Leon.. |
| 12 Dec 05 |
Freelance writer Leon Kok has just returned from three weeks of extensive
meetings across the US with investment bankers, stockbrokers, fund managers and
businessmen. He is convinced that 2006 is.. |
| 12 Dec 05 |
Why not make a real difference this Christmas? Don't just give expensive
gifts which could be donated to the next white elephant stall. Give someone you
love an opportunity to lift the quality of.. |
| 12 Dec 05 |
Following on from Jeremy Gardiner's A-Z of the Rand's decline in 2001
and his A-Z of the Rand's recovery in 2002/2003, he's back with his next
instalment: an investment A-Z for South.. |
| 12 Dec 05 |
The Fidentia Group gets FSB approval to change the shareholding of the m
Cubed Unit Trust Management company.
The Fidentia Group today received FSB approval to change the shareholding.. |
| 12 Dec 05 |
Investment Solutions has announced the appointment of Imtiaz Ahmed as deputy
chief investment officer, effective from 1 January.. |
| 02 Dec 05 |
We know that relying on past performance alone to select a fund manager is
likely to produce disappointing results. We also know that intuitively, fund
managers that display certain.. |
| 01 Dec 05 |
At an Old Mutual presentation this week chief economist Rian le Roux spent
some time reviewing 2005's economic performance before making a few
predictions for next.. |
| 29 Nov 05 |
While money market funds are a key part of the industry Di Turpin, ACI chief
executive says that investors still tend to invest too little in equity.. |
| 28 Nov 05 |
More and more unit trust management companies are reviewing the practice of
charging clients initial fees. Not so long ago it would have been unheard of for
companies to relinquish their juicy.. |
| 25 Nov 05 |
The Coronation Top 20 fund is currently (24/11) the leading fund over all
categories
for the last 12 months with a performance of 55.63%. Unlike other funds in the
Domestic Large Company sector.. |
| 25 Nov 05 |
Frater Group Holdings have launched their own unit trust company, Frater Unit
Trust Management.. |
| 24 Nov 05 |
It is unlikely that the Reserve Bank will raise rates in December after
consumer price inflation figures came in below expectations today, says Old
Mutual Asset Managers economist Johann.. |
| 23 Nov 05 |
The Coronation Money Market Fund reduced its yield over one day last week. On
Wednesday November 16th the yield of the fund was 7.01% and on Thursday the
yield fell to 6.25%, a very unusual fall.. |
| 22 Nov 05 |
According to Allan Gray, the South African economy is growing more strongly
than official statistics recognise. “In fact, with the exception of certain
industries such as agriculture and mining,.. |
| 22 Nov 05 |
After closing to new investment on Friday 19th November, Allan Gray have
received permission to open their two rand denominated offshore funds to new
business. The South African Reserve Bank has.. |
| 18 Nov 05 |
While today's Business Day (18/11) reports that gold has surged to an 18 year
peak and the platinum prices are at all-time highs, Rand Merchant Bank Asset
Management has an underweight position.. |
| 18 Nov 05 |
Marriott has announced that their Marriott Property Equity Fund is open for
new investments. The fund was last open for new investments in July 2003. The
fund has been opened as a result of a.. |
| 16 Nov 05 |
There has been a steady re-ranking of the leading equity funds over the last
few weeks. Funds that were lagging their peers have suddenly leapfrogged with
competing funds. Liz Still looked at what.. |
| 16 Nov 05 |
We have received notification that two Allan Gray South African registered foreign
funds, the Allan Gray
Orbis Global Equity Feeder Fund and the Allan Gray Orbis Global Fund of Funds
will close.. |
| 11 Nov 05 |
David Shapiro is a well known investment expert and radio personality. He
recently launched the Sasfin Twenty-Ten fund, which will invest in companies
most likely to benefit from the government's.. |
| 10 Nov 05 |
Freelance writer Leon Kok writes that currency risk is becoming a bigger and
bigger issue among investors shopping around for international.. |
| 08 Nov 05 |
One of the best performing shares on the JSE on Friday was VenFin, an
investment holding company focusing on telecommunication, technology, media
and financial and risk services. The reason for.. |
| 07 Nov 05 |
More than R1 billion was invested in offshore equities in retail funds in the
September quarter according to the latest collective investment statistics.
'We saw large flows into South.. |
| 04 Nov 05 |
The Nedbank Growth Fund, currently the leading fund in the Growth sector with
an annual performance of 47.43% (04/11) has assets under management of R872
million.
Liz Still, Editor of.. |
| 04 Nov 05 |
The Equinox call center has received many calls over the last two weeks from
nervous investors wanting to know what we think of recent volatile market
conditions. As administrators we are not.. |
| 03 Nov 05 |
Thematic funds were very much the rage in the late 1990s until most of them
came a cropper for varying reasons. Most were closed down and of those that
survived, several took a long time to.. |
| 03 Nov 05 |
Equinox has been notified that the Provest Property Equity Fund will change
its name to the Investec Property Equity Fund with immediate.. |
| 31 Oct 05 |
The Old Mutual Property Group which has been formed as a result of a merger
between Old Mutual Properties and Marriott's property business, will be the
biggest fund manager in the listed property.. |
| 31 Oct 05 |
Following all regulatory approvals, the Sage Group is now a wholly owned
subsidiary of the Momentum Group. Momentum is now responsible for the
administration and management all Sage clients'.. |
| 28 Oct 05 |
This quote from Max Asnas, Russian émigré and New York deli-owner sums up
the sentiment of a series of recent Old Mutual presentations by Investments
Marketing Manager Anil Thakersee, Paul.. |
| 28 Oct 05 |
Listed financial company Sasfin Frankel Pollak Securities has entered the
unit trust market and launched two collective investment funds. The funds will
be administered by Metropolitan Asset.. |
| 27 Oct 05 |
Free lance journalist Leon Kok was one of those who bought into the Investec
Emerging Companies fund about seven or eight years ago, only to kick himself a
year or two later for the seeming.. |
| 27 Oct 05 |
Simply put, if investing was easy, most investors would be rich! That this is
not so can be ascribed to the presence of two powerful forces, “universal
truths”, which are constantly at odds, says.. |
| 27 Oct 05 |
The JSE All Share Index has enjoyed a performance of 33% since May this year.
However it has retreated by 8% since reaching its highest highs at the end of
September. Does this mean it is time to.. |
| 25 Oct 05 |
The Foord Balanced Fund has the best performance of the 28 Medium Equity
Balanced funds on the Equinox platform over a rolling 12 month period ending as
at October 25th 2005. However with assets.. |
| 25 Oct 05 |
The China story has undoubtedly been a major factor in recent years and
that's set to continue. However, there are interesting short term drivers as
well such as the gold price that recently.. |
| 16 Oct 05 |
While the equity markets are booming, the cost of money is at its lowest in
20 years and investors trying to live off fixed income investments are tempted
to leave the safe waters of low risk.. |
| 12 Oct 05 |
Many investors remain concerned that the JSE has become somewhat
over-stretched for the moment and they're looking for relatively defensive
vehicles to protect them from the downside but at the.. |
| 12 Oct 05 |
The headline, “Modern man drives a mortgaged car over a bond-financed highway
on credit-card gas.” is a quote from economist Earl Wilson and serves as the
starting point for this article.. |
| 11 Oct 05 |
Stanlib has informed us that the Financial Services Board has approved the
merger of the Stanlib Multi-Manager International Fund of Funds with the Stanlib
Multi-Manager International Fund of.. |
| 07 Oct 05 |
Absa Fund Managers has announced that it intends to
close the top performing fund of all of their unit trusts over one year, the
Absa Specialist Growth.. |
| 05 Oct 05 |
The latest quarterly unit trust fund flows are to be released by the
Association of Collective Investments next week and two trends that I'm willing
to bet on are continued strong capital.. |
| 04 Oct 05 |
Nedbank Collective Investments has announced that the Nedbank Entrepreneur
Fund will closed to new investments with immediate effect. The fund has enjoyed
an exceptional return of 46.2% p.a and as.. |
| 30 Sep 05 |
Equinox clients tend to be well read and interested in learning more about
stock markets and we receive frequent requests for information on good books on
investing. We asked leading fund.. |
| 27 Sep 05 |
It is quite amazing to think that in barely two months time, South Africa
will once again grind to a halt as December holidays kick off, while in three
months we will be both celebrating and.. |
| 23 Sep 05 |
The Nedbank Entrepreneur Fund is classified as a Smaller Company Fund, which
means that it may only invest in companies outside the Top 40 companies listed
on the JSE. The fund managers of the.. |
| 21 Sep 05 |
Sanlam Asset Managers has announced that Chief Investment Officer George
Howard died during the weekend while on leave in.. |
| 21 Sep 05 |
It would be an understatement to say that Pensions Fund Adjudicator, Vuyani
Ngalwana, has made an impact on the retirement industry since his appointment in
March 2004. Since starting his job his.. |
| 19 Sep 05 |
Before you hand over your portfolio to a fund manager with instructions to
choose an optimal asset mix, make sure you understand the ground rules. LIZ
STILL looks at the choices open to you... |
| 15 Sep 05 |
Consumers can expect oil prices to remain high and volatile in the wake of
Hurricane Katrina because the market is very tight and vulnerable to supply
disruptions, says Old Mutual Asset Managers.. |
| 14 Sep 05 |
There is much evidence to suggest that 'past winners become future losers,
become future winners and so on', ie there exists a never-ending cycle of
changing market leadership, according to Glenn.. |
| 12 Sep 05 |
Recently we posted information on our website that two Allan Gray funds, the
Allan Gray Orbis Global Fund of Funds and the Allan Gray Global Equity Feeder
Fund have been closed in terms of these.. |
| 08 Sep 05 |
Economists usually avoid predicting future investment trends, knowing full
well that they could be embarrassingly wrong. However, Martin Jankelowitz, head
of market and economic research at.. |
| 07 Sep 05 |
Investing in a fund that is at the top of the performance tables is a very
natural and comforting thing to do, and there can be no doubt that many
investors actually select funds based solely on.. |
| 06 Sep 05 |
M Cubed unit trust investors are having a difficult time keeping up with the
rapid fire announcements from M Cubed about the changing ownership of the
company. Earlier this year, M Cubed-the JSE.. |
| 06 Sep 05 |
Over the last few days the Nedbank Global Equity Feeder Fund as well as two
Allan Gray funds, the Allan Gray Orbis Global Fund of Funds and the Allan Gray
Global Equity Feeder Fund have closed to.. |
| 05 Sep 05 |
Coronation Asset Managers has announced that the company will reduce initial
fees on unit trust to zero with effect from October 1st 2005. However, initial fees
on monthly direct debit orders,.. |
| 23 Aug 05 |
A fascinating presentation by Hong Kong based Ashish Goyal of Prudential
Asset Managers last week crisply summarized the contrast between China and
India as investment.. |
| 23 Aug 05 |
Two weeks ago, Personal Finance and Plexus launched a new unit trust rating
system, the PlexCrown Fund Ratings. This new rating system combines four
different measures, to help 'assess the risk.. |
| 19 Aug 05 |
In this article, Nic Andrew, Head of Nedgroup Investments, makes the case for
diversifying one's investments offshore. However, with the current strength of the
rand it is worth briefly.. |
| 18 Aug 05 |
.. |
| 17 Aug 05 |
How do you choose a good fund manager? Peter Holland, senior investment
consultant at Fidelity Investments should know. Besides being a fund manager for
over 25 years, he is in charge of selecting.. |
| 16 Aug 05 |
It is quite ironic that two companies selling 'ethical funds' have broken
ranks with the rest of the unit trust industry and decided not to reveal the
contents of their underlying portfolios to.. |
| 12 Aug 05 |
Marriott, the Durban based property banking, management and income specialists
has announced that they are considering an offer by Old Mutual. Shipping company
Grindrod, who are 50% owners of.. |
| 05 Aug 05 |
Retail investors channelled nearly R700m into foreign collective investments
in the June quarter bringing their total offshore investments to more than R1
billion so far this year. But while.. |
| 29 Jul 05 |
John Kinsley, chairman of the Association of Collective Investments said that
there was a huge opportunity for the collective fund industry to play a larger
role as a provider of retirement.. |
| 29 Jul 05 |
The Kagiso Active Quants Fund, classified as a domestic general equity fund,
was launched in April 2004. It was the first South African 'quants' fund
available to retail investors. The fund.. |
| 29 Jul 05 |
'Yes most definitely,' said Gregg Sneddon, who runs his own financial
planning company, The Financial Coach. 'Though I think that financial advisors
should temper their hopes on how much they.. |
| 29 Jul 05 |
There has been an important changes to our Equinox product range as well as
to the minimum investments we will accept as an initial or debit.. |
| 29 Jul 05 |
One of the highlights of the Association of Collective Investments conference
yesterday was a panel discussion about costs and their effect on performance.
Panelists included Rob Rusconi, Roland.. |
| 26 Jul 05 |
At a media briefing last week, Di Turpin the Chief Executive Officer of the
Association of Collective Investments outlined the case for increased
transparency in the Collective Investments.. |
| 22 Jul 05 |
John Kinsley, Chairman of the Association of Collective Investments has
announced that unit trusts had experienced net inflows of R18.5 billion over the
last quarter, which was a record for the.. |
| 20 Jul 05 |
Richard Timberlake, chairman of London based Investment Management Selection,
says that the most common question he is asked when he comes to South Africa
is ‘Is a good time to invest.. |
| 19 Jul 05 |
If the Equinox experience is anything to go by, in the retail unit trust
environment it is rare or unusual for investors to be concerned about the skin
colour of fund managers. Performance and.. |
| 08 Jul 05 |
Share prices rebounded from early lows in the US and Europe after a series of
explosions in London. In New York, the Dow Jones index rose to close up 0.31%
after it appeared that the blasts would.. |
| 08 Jul 05 |
The RMB High Dividend Fund was launched this month. It's objective is to
achieve a higher dividend yield than is available in a general equity fund and
to generate moderate capital growth over.. |
| 07 Jul 05 |
Over the last 18 months the Association of Collective Investments (ACI) has
considered different proposals to simplify the unit trust classification code
due to feedback from financial advisors.. |
| 07 Jul 05 |
Imagine the scene: a group of parents at a school function cocktails in hand.
Everybody is making small talk. 'And what do you do?' someone asks. 'I write
about unit trusts,' I answer. 'Oh, are.. |
| 06 Jul 05 |
South African investors have historically had a torrid time in the currency
markets. For years we watched in envy a our currency declined gradually (and
sometimes not so gradually) year after.. |
| 30 Jun 05 |
The Coronation Absolute Fund was launched in December 2002 and currently has
assets under management of R631.4 million. The fund is an asset allocation
flexible fund, which means that the fund.. |
| 29 Jun 05 |
Global demand conditions, although less robust than 2004, remained supportive
of the domestic economy, which was expected to growth by more than 4% this
year, said Old Mutual Asset Managers.. |
| 29 Jun 05 |
The Minister of Finance, in consultation with the Board of the Financial
Services Board (FSB), has appointed Rob Barrow as the new Executive Officer of
the FSB with effect from 1 July 2005.. |
| 28 Jun 05 |
In this article, Jeremy Gardiner, director, of Investec Asset Management writes
that too many South Africans have lost too much money due to inopportune
currency.. |
| 23 Jun 05 |
South Africa has entered a realm of
relatively low and stable inflation for the first time since the 1960's. The
fact that the average inflation rate from 1970 to 1999 was 11.4% per annum,.. |
| 22 Jun 05 |
The Ankh Foreign Flexible Fund of Funds is classified as a Foreign - Asset
Allocation - Flexible Fund which means that the fund manager, Rhett Hammond is
mandated to invest across all geographic.. |
| 18 Jun 05 |
We have just received the financial statements of the RE:CM Core Managed Fund
for the period ending 28th February 2005. The candidness and explanation of the
figures is a 'manco first'. The letter.. |
| 14 Jun 05 |
For some time, tension has been brewing between the large and small (in terms
of size of assets managed) investment managers. In the past few weeks, both
parties have thrown down the gauntlet -.. |
| 14 Jun 05 |
The South African Collective Investments industry is growing at an annual
compound rate of more than 30 percent a year with some 2 million South Africans
now invested in unit trusts, says Di.. |
| 14 Jun 05 |
The Stanlib Managed Flexible Fund has assets of R290.7 million and hit an all
time record price high last month (May). Inflows have been healthy and the fund
has achieved a performance of 26.08%.. |
| 03 Jun 05 |
The Orbis Global Equity Fund was launched in January 1990 and is mandated to
invest in any country in the world. Allan Gray has recently launched the Allan
Gray Orbis Global Equity Feeder Fund,.. |
| 03 Jun 05 |
Coronation Fund Managers was launched in 1993 and according to the 2005
Interim Results now manages in excess of R70 billion, of which R10 billion is retail.
The company has enjoyed many 'firsts'.. |
| 02 Jun 05 |
This fund , managed by Rhett Hammond of Ankh Analytic (PtY) Ltd
("Ankh"), has changed its name to Ankh Foreign Flexible Fund of Funds.
The mandate, fees and fund manager remain the same... |
| 02 Jun 05 |
The PSG Growth Fund, managed by Shaun le Roux of of Alphen Asset Management
has been reclassified as a general equity fund, due to the fact that the fund is
better suited to the general equity.. |
| 01 Jun 05 |
Mike Schroder, veteran fund manager of the resources sector at Old Mutual
Asset Managers has resumed his position as the portfolio manager of the gold
fund and the mining and resources fund,.. |
| 01 Jun 05 |
This article by the Managing Director of Investec Asset Management in South
Africa, John Green, makes the case for unit trusts as a cost effective investment
for a wide range of investors. Green.. |
| 01 Jun 05 |
STANLIB Asset Management's Darryl Castle, who has managed SA's top-
performing gold fund over the past year, has resigned to become executive
director of Zungu Investments, a black-owned.. |
| 25 May 05 |
I have several friends who run businesses in the non-corporate, smaller,
owner managed areas of industry, where they feed themselves by adding value,
generally in the production of something that.. |
| 25 May 05 |
Equinox Financial Services has announced that the 2004/5 tax year IT3 (b) tax
certificate, which records the income and dividend split in unit trust
investments, and the IT3 (c) tax certificate,.. |
| 23 May 05 |
Firstrand's Momentum have confirmed that has offered R634 million for the
debt-laden Sage life assurer and unit trust company. If the price is accepted by
Sage share holders it will consolidate.. |
| 20 May 05 |
The Old Mutual Dynamic Floor Fund was launched in November 2002 and currently
has assets under management of R743 million. The problem is that very few people
seem to understand exactly how it.. |
| 13 May 05 |
Nicky Newton-King, deputy CEO of the Johannesburg Securities Exchange (JSE)
outlined the case for Socially Responsible Investing (SRI) at an investment
conference yesterday. 'It is no longer about.. |
| 11 May 05 |
New Equinox investors are able to transfer existing unit trust portfolios to
our administration platform without paying capital gains tax only if the
fund is
transferred into exactly the.. |
| 06 May 05 |
It has long seemed odd to me
that LISPs (institutions that allow you to switch between investment products,
of which EQUINOX is the only online version) charge very high upfront fees (up
to 6%,.. |
| 06 May 05 |
The Association of Collective Investments (ACI) has announced that the value
of assets in foreign currency denominated funds assets rose to R53 billion in
the March quarter. This compares with R46.. |
| 04 May 05 |
With the rand still relatively strong - even in the wake of a surprise 50
basis point interest rate cut in April - it may be an opportune time to
reconsider the benefits of investing offshore... |
| 28 Apr 05 |
Independent unit trust administration company Equinox.co.za has drastically
reduced the cost of managing unit trust investments. Initial fees have been
reduced from 1.2% to a fee of 0.25%, subject.. |
| 21 Apr 05 |
In the latest edition of 'Fundamentals', Old Mutual Asset Managers'
electronic newsletter, property fund manager Colin Young writes that while
listed property has delivered growth of about 35%.. |
| 21 Apr 05 |
We have received a notice from Coronation Fund Managers informing us that the
Coronation Property Equity Fund has been re-opened for new investments.
The fund is thus available once more to.. |
| 21 Apr 05 |
Metropolitan Asset Managers has announced that the Blue Horizon Property
Income and Blue Horizon High Dividend Portfolios will have their names changed
to the Metropolitan High Dividend and the.. |
| 20 Apr 05 |
There is no doubt that the global economy is in a much better place than it
was in March 2003. April 2003 saw the beginning of a gradual recovery after 3
years of immense pain on global stock.. |
| 20 Apr 05 |
James Frater is the Managing Director of Frater Asset Management. In this article
he outlines the case for reducing exposure to equities in the current market.. |
| 20 Apr 05 |
Jeremy Gardiner, director, Investec Asset Management sent us this short article
this article on Monday 18th April. We decided to post it on the website as it
contrasts with the more conservative.. |
| 20 Apr 05 |
This is a summary of a report highlighting recent activities in the asset
management industry by Geoff Blount, head of manager research at Investment
Solutions. During the first quarter of 2005,.. |
| 20 Apr 05 |
More than R11 billion flowed into unit trusts in the March quarter as
investors remained bullish on prospects for equity markets. This was nearly
double the December quarter's.. |
| 08 Apr 05 |
Over the last year the South African Reserve Bank has been taking advantage
of the rand's relative strength to buy up excess dollars and boost its reserves.
Last month was the 14th consecutive.. |
| 08 Apr 05 |
Analytics is the result of a management buy-out from the old Investec
Analytics, known to many investors as a specialist multi-manager company that
focused on managing a range of fund of funds and.. |
| 07 Apr 05 |
The Futuregrowth Albaraka Equity Fund, managed by Frater Asset
Management's James Frater since 1 July 2000, will now be managed by Ashraf
Mohamed of Futuregrowth Asset.. |
| 07 Apr 05 |
Allan Gray has launched the Allan Gray Orbis Global Equity Feeder Fund. The
fund is currently available to Equinox.co.za investors and open to.. |
| 06 Apr 05 |
Tri-Linear has announced the appointment of Jason Chesters as Chief
Investment Officer of its Asset Management business with immediate effect,
replacing Liston.. |
| 30 Mar 05 |
Old Mutual Asset Management (South Africa) has seen the departure of two
stalwart members of
their investment team over the last month and has wasted no time in filling
their.. |
| 30 Mar 05 |
Investec Asset Management has announced that the recent ballot was successful
and that proposed changes to the Investec Index Fund, Investec Worldwide Fund
and Investec Global Multi-Manager Fund.. |
| 29 Mar 05 |
Allan Gray Limited has announced a series of transactions and initiatives
that will result in a 25% black empowerment shareholding in the company, the
launch of a focussed effort to encourage.. |
| 24 Mar 05 |
Alphen Asset Management is a niche asset management company which is 50%
owned by management and 50% by PSG Fund Management. The total current
asset base is nearly R1.4bn. While many of the.. |
| 24 Mar 05 |
The Allan Gray Equity Fund is the favourite fund of investors who invest in
unit trusts through EQUINOX.co.za. Although the fund has outperformed its
benchmark and returned good absolute returns.. |
| 23 Mar 05 |
According to the latest edition of the Nedcor Hedge Fund Review, the chief
investment officer of Equinox.co.za, Heiko van Wyngaarden is leading the field
in the Long/ Short Equity division over a.. |
| 16 Mar 05 |
Piet Viljoen has a compact, nuggety frame and could have been a bouncer in a
night club instead of a fund manager. His hair is combed up straight as though
he is ready for a dog fight. He does not.. |
| 14 Mar 05 |
EQUINOX.co.za is primarily a "do-it-yourself" unit trust supermarket
where investors make their own unit trust selections. But how good are investors at
choosing their own investments? And what.. |
| 09 Mar 05 |
The Prudential Dividend Maximiser Fund has assets under management of R66.5
million and is managed by Marc Beckenstrater and Ross Biggs. The fund aims to
achieve a dividend yield better than the.. |
| 08 Mar 05 |
Liston Meintjes has been appointed the Chief Investment Officer of
Metropolitan Asset Managers with effect from June 2005. He replaces Asief
Mohamed who will leave Metropolitan after 15 years with.. |
| 01 Mar 05 |
Gary Quinn and Douw Steenekamp, fund managers of the Prudential Optimiser
Fund and the Old Mutual High Yield Opportunity Fund respectively, have dominated
the
leadership board of funds in the.. |
| 01 Mar 05 |
With effect from today, unit holders in the Coronation New Era Fund will not
be able to buy, switch or sell their units in the fund, as investments in this
fund will be merged with the Coronation.. |
| 25 Feb 05 |
PSG has announced that the ballot requesting unit holders' permission to merge
PSG and Appleton unit trust funds was successful. Where appropriate, units of
affected funds will be amalgamated on.. |
| 22 Feb 05 |
In this edition of Investec's periodic publication 'Taking Stock' Director Jeremy
Gardiner echoes the sentiments of our EQUINOX.co.za Chief Investment Officer,
Heiko van Wyngaarden. Returns have.. |
| 21 Feb 05 |
Henk Viljoen is the Head of Fixed Interest at Stanlib, the portfolio manager
of most of the company's fixed interest unit trust funds. He is the perennial
winner of investment awards in the fixed.. |
| 16 Feb 05 |
We have received a reminder from Sanlam that the Sanlam Technology Fund will
be closing on 16th March 2005. Investors have the choice of switching at no cost
to an alternative Sanlam fund, or.. |
| 10 Feb 05 |
Di was the Executive Director at the Association of Collective Investments
(ACI) for two and a half years before being appointed the Chief Executive of the
organisation in January this year,.. |
| 09 Feb 05 |
Coronation Fund Managers has announced the appointment of five new members of
its investment team. Portfolio managers Charles de Kock and Alistair Lea, and
equity analysts Henk Groenewald and.. |
| 09 Feb 05 |
Following the resignation of Charles de Kock who has moved to Coronation,
Adrian Allardice has been appointed Head of Asset Allocation and.. |
| 09 Feb 05 |
Three of the new funds are mandated to invest in property, while the fourth
fund, the Stanlib Corporate Bond fund is the first South African unit trust fund
that is mandated to invest in corporate.. |
| 28 Jan 05 |
This interview was first published as part of the Nedbank Hedgefund Review.
It is reproduced with the kind permission of Nedbank and the author, Lizelle
Steyn. The whole survey can be found by.. |
| 26 Jan 05 |
Equinox investors in Investec's Worldwide Fund, Global Multi-Manager Fund and
Index Fund will shortly be receiving ballot documents where they are required to
either vote in favour of, or against.. |
| 26 Jan 05 |
Sanlam Collective Investments has received permission from the Financial
Services Board to close the Sanlam Technology fund. Affected investors will be
able to switch to an alternative Sanlam.. |
| 23 Jan 05 |
A week is a long time in the asset management industry. Last week we wrote
about the departure of key individuals at Coronation Fund Managers: this week
Coronation announced that key player.. |
| 18 Jan 05 |
Sanlam Collective Investments has recently decided to close the Sanlam
Technology.. |
| 18 Jan 05 |
The Accociation for Collective Investments has released a statement
announcing the appointment of Di Turpin as Chief Executive of the organisation,
following the retirement of the former Chief.. |
| 10 Jan 05 |
Coronation Fund Managers has announded that the Coronation Property Equity
Fund will close for all new investments with effect from 14 January 2005.
Existing debit orders will be.. |
| 07 Jan 05 |
The co-founder of Coronation Fund Managers Louis Stassen, the Head of Fixed
Income Arno Lawrenz , specialist financial sector analyst Kokkie Kooyman and
fund manager Markus Bachmann have all left.. |
| 06 Jan 05 |
If Coronation get the necessary approval from investors in the New Era Fund,
the assets will be merged with the assets of the Coronation Market Plus.. |
| 04 Jan 05 |
Since the merger of PSG Investment Services and Appleton Ltd, which was
approved in April 2003, the unit trusts of both companies have continued to be
managed by the two separate companies. In.. |
| 03 Jan 05 |
Colin Young has managed the Old Mutual SA Quoted Property Equity Fund since
the fund's inception in October.. |
| 03 Jan 05 |
The amalgamation of the Nedbank Equity Fund of Funds with the Nedbank Quants
Core Equity Fund was due to take place on 31 December 2004, but many affected
parties have requested Nedbank to.. |
| 03 Jan 05 |
PSG/ Appleton has notified EQUINOX.co.za that the Financial Services Board
has approved their proposal to ballot all the investors in the PSG Unit Trust
Funds and the Appleton Unit Trust Funds to.. |
