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Exposure to credit reaps rewards

An investment fund with exposure in credit assets, has been ranked the number one fund in its category with a yield of 15.91% for the one year period ending February 2012.* According to the latest Alexander Forbes SA Bond Manager Watch Survey results, for investment data to the end of February 2012, the Futuregrowth Yield [...]

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Check your policy before car-pooling

With the petrol price increasing for the fourth time in 2012 by 28 cents per litre this week, to reach another record high, many motorists may consider forming a car pooling group in an effort to reduce costs associated with daily travelling. However, they could be placing themselves at risk of a motor insurance claim [...]

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Equity valuations remain attractive but expect volatility

Although the global macro-economic backdrop remains uncertain, historically low interest rates will fuel investors’ search for yield and cause assets deemed risky to continue performing well, but with high levels of volatility. Commenting in his economic report for the third quarter of 2011, Francois van der Merwe, Head of Macro Research at Novare Investments, said: [...]

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Outlawing gap cover won’t aid schemes or members

Draft legislation released recently by National Treasury will, if implemented, outlaw gap cover and mostly likely lead to a simple loss of benefits for members, without helping medical schemes. This is according to Ken Schumann, Consulting Actuary at Old Mutual Corporate. Schumann explains that the legislation to ban gap cover is intended to promote cross-subsidisation [...]

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Annual motor valuation may reduce insurance premiums

Many consumers may unknowingly be paying more than they should for their motor vehicle insurance – often one of their biggest short-term insurance payments – due to a failure to assess the value of their motor vehicle when it comes time for annual motor insurance policy renewals. This is according to Christelle Fourie, Managing Director [...]

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Unit trust industry celebrates R1trn under management

Assets managed by the local Collective Investment Schemes (CIS) industry exceeded the R1-trillion mark for the first time during the first quarter of this year. Peter Dempsey, deputy CEO of the Association for Savings and Investment South Africa (ASISA), says despite experiencing a particularly weak quarter in terms of net inflows, the industry managed to [...]

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How best to invest in property for retirement

Choosing to invest in property in order to fund retirement continues to be a prevalent decision in South Africa, but one that requires serious consideration and groundwork. According to Ricardo Teixeira, strategy consultant at acsis, how retirees choose to invest in property is crucial in determining the rewards that can be reaped, as well in [...]

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Local asset manager wary of biting into Apple

While some US analysts are predicting that Apple stock would push past the $1,000 per share barrier in the next twelve months, making it the first $1 trillion company, value based asset manager RE:CM says the more “boring” technology companies such as Dell, Microsoft and Intel offer a more sensible prospect for investors. According to [...]

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South Africa’s strong corporate governance bodes well for an expected rise in shareholder activism

The new Companies Act (Act 71 of 2008) is widely expected to usher in a new era of shareholder activism. The new Act, which came into effect on 1 May 2011, for instance, makes it possible for minorities to call an annual general meeting with the support of only 10% of the issued shares. The [...]

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