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Grindrod Bank today announced that its ETF suite, GTrax, and broader passive investment management business will be rebranded CoreShares as part of the firm’s broader push to offer low cost index products and services to the investment market.
A world divided: Leading global investment managers bridge the gap.
After an extended period of good performance, with gains of around 24 percent in 2014 alone, it is understandable that some investors may be questioning whether South African banks still have any value to offer their portfolios in the coming months. According to Neelash Hansjee, Banking Sector Analyst for Old Mutual Equities, banking continues to be one of the more attractive sectors in the South African equities market.
A weak currency typically does very little to boost the morale of a country, however, some market analysts and commentators swear by its ability to rebalance a challenged economy and drive an export-led recovery. The obvious question then is could the weak rand help turn South Africa’s economic fortunes around by stimulating the country’s long-suffering manufacturing sector?
The strongest deterrent against FSP compliance missteps is or should be: