Investments multi-manager Alexforbes has thrown its hat into the growing discretionary fund management (DFM) market, after indicating its intention to make a play for the R500bn market five months ago.

The group, headed by Dawie de Villiers, said on Thursday that it would launch Investment Solutions by Alexforbes, as it looks to up the ante in the independent financial adviser (IFA) market, a space in which it has been increasing its workforce...

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