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The South African hedge fund industry grew its assets under management by R5.3 billion in the 12 months to 31 December 2016, ending the year with assets of R67.4 billion.
With February known as budget month in South Africa, the spotlight is once again on the critical importance of a disciplined, yet balanced financial blueprint for our country. But a comprehensive budget is equally important for each individual household to pull the reins in on wasteful spending and begin steering instead towards a brighter financial future.
The local Collective Investment Schemes (CIS) industry attracted strong net inflows of R166 billion in 2016, pushing assets under management over the R2 trillion mark. In 2015 the local CIS industry recorded net inflows of R101 billion compared to R109 billion in 2014.
One of the biggest challenges that South Africa has been facing over the past two years has been dealing with student protests which are being conducted over demands for free education.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?