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The current global focus on China is testament to the enormity of the country’s economic transformation over the last 35 years, and its impact on world markets.
Ashburton Investments, the asset management business of the FirstRand Group, has been named the top asset manager in the South Africa overall category in the latest PlexCrown Unit Trust Survey for Q3 2015.
ASISA recently released the unit trust industry’s Q3 2015 statistics, revealing a few interesting investor trends. Carl Roothman, head of Retail at Sanlam Investments, highlights some of the trends observed.
Muslims account for 11% of high net worth individuals in South Africa, and are the fastest growing millionaire group in the country, according to the South Africa 2015 Wealth Report. The report, by market research firm New World Wealth, states that the number of Muslim high net worth individuals – people with net assets of US$1 million or more – grew by 190% over the past eight years.
The strongest deterrent against FSP compliance missteps is or should be: