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Market review: December 2017

By Carl Roothman, CE of Sanlam Investments Retail Business. December was another eventful month on the financial calendar and the year 2017 did not go down quietly. An important driver of global markets’ strong growth in recent months has been the expectation of the implementation of President Trump’s tax reform. (more…)

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Nigel Green

deVere Group launches cryptocurrencies app due to soaring global demand

A cryptocurrency app is to be launched by independent financial services organisation, deVere Group, due to “soaring global demand” and in defiance of financial traditionalists. (more…)

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How to kick bad spending habits in 2018

With the current economic conditions, it is essential that South Africans become more realistic about their finances and effectively manage their debts. This is according to John Manyike, Head of Financial Education at Old Mutual. (more…)

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Dr Adrian Saville

Bidvest Financial Services acquires Citadel’s stake in Cannon Asset Managers

Cannon Asset Managers was established in 1998 by Dr Adrian Saville and in January 2015, Citadel Investment Services (Pty) Ltd acquired a controlling stake in the business. The Citadel Group has benefitted greatly from Cannon’s insights and experience. However, both entities agree that the time has come for each of them to concentrate more effectively […]

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Sygnia launches the Stabilised Growth Fund

The Sygnia Stabilised Growth Fund, a brand new concept in managing retirement fund savings, has been launched. (more…)

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CEE economies close to their economic performance peak

By Coface, the international trade credit insurance company Recently released data confirms a solid pace of economic activity in the Central and Eastern European (CEE) region* with the average GDP growth in the third quarter of 2017 exceeding 5% year on year, nearly doubled the level of the Eurozone’s growth. (more…)

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Old Mutual receives SA Competition Commission recommendation

Old Mutual Emerging Markets welcomes the constructive and supportive engagements with the Minister for Economic Development, his Department and the South African Competition Commission on the proposed corporate restructure taking place as part of Old Mutual plc’s managed separation strategy. (more…)

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Mobius announces plans to retire from Franklin Templeton

Franklin Templeton Investments has announced that after more than 30 years with Franklin Templeton, Mark Mobius, Ph.D. has announced his plans to retire from the company on January 31, 2018. “There is no single individual who is more synonymous with emerging markets investing than Mark Mobius. My colleagues and I are deeply grateful to have […]

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