It used to be that retirement represented the finish line after years of working and saving. On reaching that point, most people would either use their pension savings to buy an annuity that would provide a guaranteed income post-retirement or begin drawing on their final salary pension.
The first ever listing of S&P 500 ETF on the JSE was from CoreShares.
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).
Ashburton Investments was founded in 1983 , currently is a subsidiary Firstrand Ltd.
It used to be that retirement represented the finish line after years of working and saving. On reaching that point, most people would either use their pension savings to buy an annuity that would provide a guaranteed income post-retirement or begin drawing on their final salary pension.