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A key partnership for key growth

15 June 2017 | Hollard

For many international financial services companies, Africa is currently being seen as a massive opportunity for growth with a young population that offers a potential plethora of clients that will drive revenue growth.

Sygnia obtains regulatory approval for purchase of DB X-trackers

15 June 2017 | General

Sygnia is very pleased to announce that the relevant regulatory approvals, namely those of the Competition Authorities and the Registrar of Collective Investment Schemes, have been obtained for its purchase of db X-trackers (RF) Proprietary Limited (“DBX”) from Deutsche Group Holdings (South Africa) Proprietary Limited (“Deutsche”) for a total consideration of R325 000 000. Sygnia will take over the ownership and operational control of DBX on 1 July 2017. The name of db X-trackers will be changed to Sygnia Itrix after the transaction becomes effective. DBX currently offers five ETFs referencing the following market indices; Euro Stoxx 50, FTSE 100, MSCI Japan, MSCI USA, and MSCI World.

Outcome-Based Investments launch by Momentum Investments

14 June 2017 | Momentum

Former Public Protector Thuli Madonsela was the keynote speaker today (13 June 2017) at the launch of Momentum Investments’ new underlying philosophy of outcome-based investing.