There’s more to it than asset allocationPublished: Wed, 19 Jun 13 David Crosoer, Executive: Research and Investments at PPS Investments, says that
Investors who believe that asset allocation is the most important consideration in their portfolio’s construction are possibly making a mistake. In today’s world, it looks increasingly clear that manager selection ...
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Collecting tax debts from third partiesPublished: Wed, 19 Jun 13 There are provisions in the Tax Administration Act 28 of 2011 (the Act) which allow the South African Revenue Service (SARS) to recover a taxpayer’s tax debt from a third party who either holds money for, or owes money to, that taxpayer. This is a very effective method of collecting taxes which can be ...
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Listed property sector vulnerable in the short termPublished: Tue, 18 Jun 13 By Ian Anderson, chief investment officer at Grindrod Asset Management
South Africa’s listed property sector declined during the week ending 14 June 2013, despite a fairly stable Rand and a moderate reduction in long bond yields. Hyprop was the only large listed property company to register a price ...
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National Savings Month targets Rural South AfricaPublished: Tue, 18 Jun 13 Rural and semi-urban communities across South Africa will benefit from a targeted financial education campaign from July to October, thanks to a partnership between the South African Savings Institute (SASI) and Metropolitan.
Kicking off during National Savings Month in July, the Community Savings Campaign ...
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Old Mutual Rectifies StructuresPublished: Tue, 18 Jun 13 In a media release on 21 May 2013, the Financial Services Board (FSB) announced that it had initiated regulatory action against Old Mutual for transgressions of Directive 159. A. i which applies to both the Long and Short Term Acts. This Directive sets out specific requirements for insurers who outsource an aspect ...
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Liberty’s Evolve attracts R2bn in investments in record timePublished: Tue, 18 Jun 13 Johannesburg: Liberty’s Evolve – an innovative range of pay-on-delivery investment products -- has attracted more than R2bn in investments in the eight months since going to market.
Launched in October 2012, Evolve is a first of its kind investment solution, where investors don’t pay upfront ...
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The matter of validity: was a trust even created?Published: Sat, 15 Jun 13 Compiled by: Trinette Hartley, Fiduciary Specialist, Glacier by Sanlam
Trusts (and more specifically inter vivos discretionary trusts) are known to be useful estate planning tools with numerous benefits. Unfortunately, many trusts are created without a full understanding of what trusts are and how they work ...
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Listed property sector bounces backPublished: Sat, 15 Jun 13 By Ian Anderson, chief investment officer at Grindrod Asset Management
South Africa’s listed property sector bounced back during the week ending 7 June 2013, despite a further increase in long bond yields. 4% (equivalent to a 27 basis points reduction in yield), while the yield on the R186 bond, maturing ...
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Trade promotion organizations support free access to ITC’s Trade MapPublished: Thu, 13 Jun 13 New ITC partnership with six trade promotion organizations continues to give businesses in low-income economies access to crucial export and import data
Funding from six trade promotion organizations (TPOs) in high-income countries will contribute to ensuring that businesses in developing countries have ...
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What makes a good investment manager?Published: Thu, 13 Jun 13 Richard Rattue, Managing Director, Compli-Serve SA
We are all looking for good investment managers who can take our nest egg and grow it successfully and consistently take alpha from the market. As we know from the news and fund return tables this is not a perfect science and indeed many managers who do well ...
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Absa targets youth for financial advisory trainingPublished: Thu, 13 Jun 13 Absa Financial Services, a leading independent financial, investment and risk advisory company, is on a drive to take on young people as candidates for financial advisory training from all over South Africa.
The aspirant Financial Advisers will join the Absa Adviser Academy in Johannesburg, where they will ...
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Stay glued to shares not TV news – Imara tells investorsPublished: Thu, 13 Jun 13 Give up on watching the TV news, but don’t give up on the share market.
That’s the advice to long-term investors from Imara Asset Management South Africa, an asset management and financial advisory business that’s concerned about the possible impact on wealth creation of news coverage around ...
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GCR affirms Basil Read with BBB+ ratingPublished: Thu, 13 Jun 13 Global Credit Ratings (GCR) has affirmed its national and long term ratings of BBB+ (BBB plus) and A2 respectively of Basil Read. The rating outlook in turn is stable.
This according to Eyal Shevel, Head of the Corporate Sector at GCR, who says maintenance of the rating at the current level, despite the losses ...
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Financial Planner of the Year announcedPublished: Wed, 12 Jun 13 Johannesburg - The Financial Planning Institute (FPI) announced yesterday that CERTIFIED FINANCIAL PLANNER® professional, Barry O'Mahony, founder of Veritas Wealth Management, has been crowned as the 2013 Financial Planner of the Year. O’Mahony received this accolade at an event of his peers during ...
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Agri-Vie announces R37 million joint-venture in coconut oil industryPublished: Tue, 11 Jun 13 Agri-Vie, the private equity fund focused on food and agribusiness investments in Sub- Saharan Africa, has announced a $4 million (approximately R37 million) joint venture with Vida Oils International for processing coconut into specialist oils and fats for the food, pharmaceuticals, cosmetics and chemical sectors ...
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