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PODCAST: Inside Africa’s largest pension fund custody mandate

Hazel Khumalo of Absa explains the custodian role

Pensioners pay for PIC politics

Are politically connected investments exposing pension assets to unnecessary risk?

City property growth. Rawpixe/Currency collage

South Africa’s infrastructure gap is a governance problem – not a financing one

Pension funds will invest in local infrastructure when the risk-adjusted return is appropriate. To force them to do so will disadvantage members

PIC bad eggs. Rawpixel/Currency collage

Inside the PIC’s bad batch of investments

How poor due diligence, a split mandate and a ‘rehabilitation mindset’ have left the PIC trapped in billions of rands of failed investments

Standard Bank reunites clients with R100m

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.

Jeanette Marais Momentum CEO. Pic supplied

Momentum hits its stride

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

Coronation yellow

Behind Coronation’s R1.5bn BEE deal

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…