STEPHEN CRANSTON: Focus on targeted development investment is the way to do good
The right way to ‘do good’ is arguably to shift focus to targeted development investment
26 June 2025 - 05:00
Fund management is not a large employer, unlike mining or manufacturing or even the more labour-intensive financial services businesses such as banking and life insurance.
Nonetheless, industry clients such as pension fund trustees must do what they can to encourage BEE in the industry. Black fund managers are already highly employable people — mainly chartered accountants or at least with degrees in finance, sometimes engineers. If their shops fail, they will find jobs easily elsewhere in financial services...
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