Multi-asset unit trusts retain their attraction
The market is pricing in outcomes for South Africa Inc that are overly pessimistic, says Sandile Malinga
Collective investment scheme industry statistics released in September by the Association for Savings & Investment South Africa (Asisa) for the quarter and year ended June 2023 reveal that assets under management grew by 13% and that 50% of allocations to local unit trusts are in multi-asset portfolios.
“Unit trusts continue to attract investors,” says Andriette Theron, head of research at PPS Investments...
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