In March 2022, following the changes to offshore limits for regulated pension funds, Prescient shifted its multi-asset funds from the previous 30% limit out to the new 45% maximum. In the time since then, we’ve seen opinion pieces from quite a few of our peers in the asset management industry – ranging from “not going to shift because of the abundant opportunities in South Africa”, to shifting, but not to the full 45% because of the underlying currency volatility it comes with (a very valid point).
Asset manager Marriott Unit Trusts Manco was founded in 1987.
Ashburton Investments was founded in 1983 , currently is a subsidiary Firstrand Ltd.
The first preference share ETF , Grindrod PrefTrax ETF listed on the JSE in 2012.
Asset manager Coronation saw a need for a shariah-complient leaning asset managemnt and in 2002, founded a standalone manager Kagiso AM (now Camissa AM).
In March 2022, following the changes to offshore limits for regulated pension funds, Prescient shifted its multi-asset funds from the previous 30% limit out to the new 45% maximum. In the time since then, we’ve seen opinion pieces from quite a few of our peers in the asset management industry – ranging from “not going to shift because of the abundant opportunities in South Africa”, to shifting, but not to the full 45% because of the underlying currency volatility it comes with (a very valid point).
