Compliance - Regulatory / Association for Savings & Investment SA (ASISA)

Policyholders and investors cautioned to be extra vigilant following TransUnion data breach

Hedge fund industry grows assets to R86.93 billion in an environment of fund consolidation and regulatory constraints

The South African hedge fund industry ended 2021 with assets under management of R86.93 billion. This represents a healthy growth in assets of R13.66 billion over the 12-month period.

Local CIS industry celebrates R3 trillion in assets under management

The local Collective Investment Schemes (CIS) industry reached the R3 trillion milestone in the fourth quarter of last year, finishing 2021 with R3.14 trillion in assets under management.

Life insurers report a surge in death claims during COVID-19 third wave

South African life insurers reported a 53% surge in death claims for the six months between 1 April 2021 and 30 September 2021 when compared to the same period in pre-COVID 2019. The Rand value of these claims increased by 127%.