We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Sygnia, the asset manager cofounded by Magda Wierzycka, says growth in its retail client base helped with a record financial performance in its half-year to end-March, and while it suffered R9.2bn in net institutional outflows, the picture has improved a little for SA's saving industry.

The bulk of the outflow was related to the loss of a single hefty contract that CEO David Hufton told Business Day was of little concern in terms of profit, as it was a low-margin contract that had been cancelled, not moved to a competitor...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.