New rules mean change for hedge funds

New regulations for the South African hedge fund industry means change for all hedge funds and market participants. That’s the word from Andrew Bovell, Solutions Specialist, RisCura.

New regulations for the South African hedge fund industry means change for all hedge funds and market participants. That’s the word from Andrew Bovell, Solutions Specialist, RisCura. “The amendments will ensure stricter regulation, tighter control and greater transparency of the industry, further strengthening the strong ‘self-regulatory’ framework that was in place since 2006.” (more…)

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Blue Monday in China spread to stock markets worldwide

How worried should we be about China?

China’s Shanghai Composite index plummeted at the beginning of this week, falling 8.5%. This was its worst single-day fall since February 2007 and followed the release of economic data showing that Chinese industrial profits had dropped in June, compared with the previous year, while manufacturing activity was lower too. How worried should investors be?  (more…)

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Union fuming over ‘payment scandal’ at Telkom

Trade union Solidarity has strongly condemned what it terms “the scandal” regarding the compensation paid to members of Telkom’s executive management during the previous financial year. (more…)

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Blue Monday in China spread to stock markets worldwide

Could you live on a pre-tax monthly income of R4 392?

This would be your reality if you were a 65-year-old woman retiring today with a R1 million inflation-linked guaranteed annuity. If you were a man in a similar financial position, you would receive a slightly higher monthly income of R5 176, also pre-tax, but only because your life expectation is lower than that of a […]

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SA Reserve Bank hikes rate by 25 basis points

The SA Reserve Bank has hiked its key benchmark rate by 25 basis points to 6% per annum. (more…)

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Why the hacking of the Ashley Madison website is a concern

Extramarital affairs website, AshleyMaddison.com, was thrown into the spotlight recently after hackers threatened to release names and images of the site’s many members. (more…)

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Growing pile of money

The rich get richer ….

The proposed amendments to the Preferential Procurement Regulations pose questions as to how government determines policy. (more…)

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Countries want to renew ties with Iran

You’ve heard all about it in depth on CNN, Sky, Bloomberg, CNBC and Al Jeezera: Iran will shortly be open for business and investors are champing at the bit. No doubt MTN is congratulating itself on having patiently kept up its investment in that country for several years. It owns 49% of Iran’s second-biggest network […]

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Financial Advisers Directory 2015 by MoneyMarketing now available

‘The One Stop Shop’ for financial advisers

Q: Where do South Africa’s leading financial advisers find a list of contacts for financial products, services and tailored solutions? A: MoneyMarketing’s Financial Advisers Directory 2015, of course. (more…)

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Solidarity tells members to tighten their belts

Given the increase in consumer prices and the high incidence of layoffs, trade union Solidarity  has urged its members to tighten their belts – not just during National Savings Month – but every month. (more…)

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The minister who tells it like it is

Will the South African government admit to policy failure?  “No”, I hear you shout.  But here’s the surprise: One of our ministers has actually acknowledged that there are areas in which the government hasn’t done well.  This admission was made by Ebrahim Patel and reported on by News24. (more…)

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