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Sygnia acquires DB X-Trackers

30 March 2017 | General

Sygnia announced today that it has signed an agreement to purchase db X-trackers (RF) Proprietary Limited (“DBX”) from Deutsche Group Holdings (SA) Proprietary Limited for R325 000 000, subject to obtaining the necessary regulatory approvals. Following this, and subject to FSB approval, the company and the ETFs will be rebranded.

Sanlam Group announces executive changes

29 March 2017 | Sanlam

The Sanlam Group has announced the following key executive changes:

Global insured losses from disaster events were USD 54 billion in 2016, up 42% from 2015, latest Swiss Re Institute sigma says

28 March 2017 | Swiss Re

• Global total economic losses from disaster events were USD 175 billion in 2016, up from USD 94 billion in 2015 • Insured losses from disasters were USD 54 billion in 2016, up 42% from 2015, and the highest since 2012 • Earthquakes, storms, flood events and wildfires caused extensive damage across many regions • Disaster events claimed around 11 000 victims in 2016

Global Credit Ratings affirms ratings of three Investec funds

24 March 2017 | Constantia

Global Credit Ratings (GCR) has affirmed the national scale fund ratings of AA+(ZA)(f) accorded to both the Investec Money Market Fund and the Investec Corporate Money Market Fund. Both money market fund ratings have Stable outlooks.

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