Are politically connected investments exposing pension assets to unnecessary risk?
Pension funds will invest in local infrastructure when the risk-adjusted return is appropriate. To force them to do so will disadvantage members
How poor due diligence, a split mandate and a ‘rehabilitation mindset’ have left the PIC trapped in billions of rands of failed investments
South Africa has a massive R89bn in unclaimed benefits. In less than a year, the bank has matched R100m of these with their rightful owners, changing lives and bringing closure.
Momentum has been a dark-horse market winner this past year – and first-half results out this week explain why. Currency spoke to CEO Jeanette Marais
Pension fund trustees, fed up with the slow pace of transformation in South Africa’s asset management industry, have flexed their muscles and threatened to withdraw funds from…