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Investment mind-set of the ultra-rich – what can Joe Average learn?

26 May 2015

Ordinary South Africans often look to the investment behaviour of the ultra-rich in the hope that some of this success may rub off on their own efforts at growing their wealth. The widely held belief that the seriously wealthy are all financial ‘cowboys’ who pursue high-risk investment strategies at any cost is far from the truth, however. Depending on how they made their money in the first place, South Africa’s high net worth individuals appear to have very divergent investment mind-sets and approaches to managing their wealth.

The three myths of hedge funds

26 May 2015

On 1 April 2015, National Treasury declared hedge fund investments to be collective investment schemes (CISs), and would be regulated under CISCA (Collective Investment Schemes Control Act) just like other unit trust portfolios. South Africa is the first in the world to offer these regulated hedge fund products as CISs, and this opens an exciting new chapter in the South African hedge fund industry. Now, together with the FSB’s changes to Regulation 28, which governs the way pension funds invest, it is recognised that hedge funds now have a rightful place within the pension fund space, and retirement funds can invest up to 10% into a hedge fund of funds.

Yield appetite huge among SA investors

25 May 2015

South African retail investors and savers are clamouring for the highest possible yield at the lowest possible risk. At the same time, they want greater flexibility, even in long-established product categories they know and trust such as fixed deposits.

Investing in Africa: quality management teams key

21 May 2015

Africa is now being termed the final frontier and a number of South African and international corporates are expanding into the continent. With the region’s population growing rapidly and the United Nations (UN) forecasting that 22% of the world’s inhabitants will be living in the region by 2050, Africa’s geographical and market-growth potential has become evident.

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The strongest deterrent against FSP compliance missteps is or should be:

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A criminal conviction Debarment Fine or penalty Any of the above can work

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