Overseas assets row rages
It’s a no-holds-barred scrap as ETF managers, including Sygnia, tear into unit trust funds over new rules
03 December 2020 - 05:00
Poor co-ordination between the three regulators of the financial services sector — the National Treasury, the Reserve Bank and the Financial Sector Conduct Authority (FSCA) has led to an acrimonious fallout in SA’s investment industry.
It’s pitted outspoken exchange trade fund (ETF) devotees like Sygnia’s Magda Wierzycka against unit trust stalwarts Coronation, among others...
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