×

We've got news for you.

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

SA’s notoriously risk-averse investors appear to have taken a bigger plunge into equity funds than usual as inflation begins to wreak havoc on returns in supposedly safe money-market funds.

According to data from the Association for Savings & Investment SA,  R24bn of net flows landed in multi-asset funds in the year to end-March. If you exclude reinvestments (dividends and interest) the amount is closer to R11.6bn with the chunk of it landing in multi-asset high equity funds. The take-up of equity funds was also not too shabby, with net flows of R6.9bn over the same period...

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