The Business Day reported in its recent Survey on Retirement Fund Investments that Foord Asset Management was the top ranked fund manager over one, three and five years. Business Day was quoting Alexander Forbes Asset Consultantsâ€™ Global Manager Watch Survey for the periods ended 30 June 2006. The Global Manager Watch surveys investment returns for retirement funds with a global balanced mandate.
Foordâ€™s 42.88% for the 12 months ended 30 June 2006 was above that of second ranked Allan Gray, with 38.65%. It was significantly ahead of the worst performing manager, which returned 28.24%.
The Foord Balanced Fund unit trust is managed by the same team in the same style as the retirement fund portfolios reported on in the survey. At the end of June 2006, Foord Balanced Fund was the leading unit trust fund in the Domestic Asset Allocation â€“ Prudential Medium Equity sector over a one year period, a position it still retained at the end of July 2006.
FNB has announced a new partnership with online tax solution firm TaxTim, the latest partner to join its eBucks Rewards programme. FNB and RMB Private Bank customers can now earn up to 50% of the cost of their ... Read More »
Research shows that certain gender-based qualities give women a natural advantage in long-term investing. Stonehage Fleming Investment Management in South Africa reported a 35% rise in female investor clients over ... Read More »
Balancing work and home life has always been challenging, but our new normal has had an even greater impact on our personal lives, affecting our families, livelihoods, well-being and health. As women in South Africa, ... Read More »