Investor jitters led many to withdraw from riskier portfolios, despite consistent long-term performance
27 September 2024 – 16:38
by Nompilo Goba
SA’s collective investment schemes (CIS) industry has seen robust growth in assets under management, but investor caution has resulted in significant net outflows as market volatility and political uncertainty drive a “safety-first” approach.
The latest figures from the Association for Savings and Investment SA (Asisa) reveal that the CIS industry managed assets totalling R3.64-trillion by the end of the second quarter of 2024, reflecting a modest 2% growth from the previous quarter…
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