The South African hedge fund industry ended 2017 with assets under management of R62. 4 billion, a decline of R5 billion from the R67. 4 billion managed at the end of 2016.
The 2017 statistics for the local hedge fund industry, released by the Association for Savings and Investment South Africa ... Read More »
Willie Fourie, Head of Estate and Trust Services, PSG Wealth
Investment managers go to great lengths to plan ahead so that investment portfolios will withstand market volatility and unforeseen events. But how do you construct a robust estate plan that will withstand the onslaught of the ... Read More »
On 6 April 2018, the South African Revenue Service (SARS) announced that it will continue to apply normal income tax rules to cryptocurrencies and will expect affected taxpayers to declare cryptocurrency gains or losses as part of their taxable income.
By ... Read More »
Being one of the top 5 economic crimes reported in South Africa, cybercrimes, affect losses of about R1 billion annually. Although the financial services industry works to improve their protection systems and cyber security, there is an ever-present concern for constantly evolving threat landscape in ... Read More »
Old Mutual Limited (“OML“) today made public its pre-listing statement, an important step towards its launch as an independently listed, leading financial services group. It is expected that listing will take place on 26 June 2018 following receipt of the requisite approvals, including approval ... Read More »