We've got news for you.

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

Don’t breathe too easily just yet, thinking that the threat of prescribed assets is forever off the table. Rather assume that it will loom, as a sword of Damocles, depending on how institutional investors respond to the revised Regulation 28, still in draft, purportedly intended to facilitate investment in infrastructure.

There’s an element of duplicity in the new Regulation 28 being welcomed by pension funds. It’s as if their investment in alternatives had been cramped by the old Regulation 28. Yet few ever approached its ceilings. Perhaps their enthusiasm stems partly from relief that prescribeds remain the great unmentionable...

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.