Investments

Economies at a glance report - November 2020

Do large asset managers have your client’s best interests at heart

Exchange Control Circular 15 of 2020, issued by the South African Reserve Bank (SARB) governor on 29 October and subsequently suspended to allow for further public consultation, has resulted in a fair amount of mud-slinging by advocates for more relaxed exchange controls. Magnus Heystek, a director at Brenthurst Wealth and long-time champion of offshore investing, was joined by Magda Wierzycka, CEO at Sygnia Asset Management, in a hard-hitting biznews.com radio interview with Alec Hogg, broadcast 26 November 2020.

Alexander Forbes Investments awarded top accolades for responsible investing

Alexander Forbes Investments Limited has once again been awarded a top accolade for their overarching approach to responsible investment by the Principles for Responsible Investment (PRI), a United Nations-supported initiative and the world’s leading advocate for responsible investing.

Companies in SA spent R10.7 billion on corporate social investment in 2020

South African companies spent an estimated R10,7 billion on corporate social investment (CSI) in the 2020 financial year.