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Current funds have R72 billion in available capacity.
The local Collective Investment Schemes (CIS) industry reported assets under management of R1.43 trillion at the end of September this year, following another quarter of exceptional net inflows.
Passive investment is showing its lively side, according to the latest performance figures from Deutsche Securities, marketers of the db X-trackers range of JSE-listed Exchange Traded Funds (ETFs).
Money market funds made headlines as investors rushed to pull cash from them amid the US government’s debt ceiling drama that gained momentum in Washington these past few weeks
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