Investments

Worried About a Market Downturn? Remember Your Goals

This too shall pass… The demise of the Fundisa scheme

Every so often an event occurs that reminds us of the brutal passage of time. Such was the case for this writer, when a media update from the Association for Savings and Investment South Africa (ASISA) landed in his inbox. “ASISA announces closure of Fundisa,” trumpeted the subject line. “What?” I exclaimed. “I attended the launch of this education funding initiative just the other day!” It turns out that the other day in question was way back in November 2007, and much water has passed under the proverbial bridge since.

Economies at a glance - February 2022

Putin Russia-Ukraine conflict in context

The world remains on edge following the Russian invasion of Ukraine. Unsurprisingly, financial markets have reacted with large price moves, as investors scramble to assess the wider implications.