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The two heavy weights, Anglo American (0.45%) and BHP Billiton (0.45%) tried their utmost to over come the negative sentiment, but to no avail.
John Kinsley, chairman of the ACI, says that collective investments only make up 5% of the total capitalization of the JSE, but he says that things are set to change.
Di Turpin from the ACI reports that this was a record-breaking quarter, with inflows up 68% to R18.5bn, and assets under management reached R348bn.
Absa Group and Barclays Bank PLC today (27 July) announced the completion of their deal that sees the UK-based international banking business acquiring a majority stake of 53.96% of all ordinary shares in Absa Group Limited.
As an adviser reading this article, which discipline do you find most important for retirement planning?