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| Where I Am? | Viewer ==> ALTERNATIVE EQUITY INVESTING ON THE RISE AS ACTIVE FUND MANAGERS DISAPPOINT | |||||||||||||
ALTERNATIVE EQUITY INVESTING ON THE RISE AS ACTIVE FUND MANAGERS DISAPPOINT |
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| Prescient Asset Management | Q3 of 2023 | 2 years ago |
Traditional active asset managers have added very little value relative to their market capitalisation weighted benchmarks over the last 10 years. As little as 25% of the unit trust funds in the ASISA South African Equity General Sector outperformed the FTSE/JSE All Share Index (ALSI), while a disappointing 12% outperformed the FTSE/JSE Shareholder Weight Index (SWIX)
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Total assets under management (AUM) has breached the R3 trillion mark in 2022.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 1965, the first unit trust in SA , Sage Domestic Equity Fund ,was launched. |
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| Disclaimer |
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| Please note that unit trusts investmets are generally classified as long-term investment products not suitable for trading and speculation. |