Multi-asset unit trusts retain their attraction
The market is pricing in outcomes for South Africa Inc that are overly pessimistic, says Sandile Malinga
26 October 2023 - 08:00
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...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.