Life offices and asset managers exceed B-BBEE ownership targets, but face hurdles with employment equity targets

5 March 2024

Life offices and asset managers represented by the Association for Savings and Investment South Africa (ASISA) have made encouraging progress towards achieving the relevant transformation targets set by the Amended Financial Sector Code (FSC). read more

Local CIS portfolios grow assets under management to new record levels

5 March 2024

The local Collective Investment Schemes (CIS) industry ended 2023 with assets under management just shy of R3.5 trillion, a new record for the industry. read more

Retail investors drive net inflows into hedge funds in 2023

5 March 2024

The South African hedge fund industry attracted record net inflows of R6.24 billion in 2023 and grew its assets under management to R137.9 billion (excluding fund of funds). read more

ASISA announces appointment of acting CEO

6 February 2024

The Board of Directors of the Association for Savings and Investment South Africa (ASISA) has appointed Adrian Burke as acting CEO of ASISA. read more

ASISA announces departure of CEO

6 December 2023

The Board of Directors of the Association for Savings and Investment South Africa (ASISA) has announced that Busisa Jiya, CEO of ASISA, will be leaving by mutual agreement at the end of December 2023. read more

Fraud worth R1.1 billion prevented by life and investment companies in 2022

30 November 2023

South African life insurers and investment companies detected 8 931 cases of fraud and dishonesty in 2022. While losses worth R1.1 billion were prevented, the industry lost R77 million to fraud in 2022...read more

Living annuity model proves robust in volatile times

29 November 2023

South African retirees had R625.9 billion of their retirement savings invested in living annuities at the end of 2022, which marks an increase of 47.3%...read more

Cautious CIS investors look for diversification in multi asset portfolios

14 November 2023

The local Collective Investment Schemes (CIS) industry attracted net new investments of R9 billion in the third quarter of 2023...read more

Life insurers pay claims and benefits worth R287.1 billion in the first half of 2023

3 October 2023

Beneficiaries and policyholders received R287.1 billion in claims and benefits from South African life insurers in the first half of 2023. read more

Local CIS industry statistics reflect a tough second quarter for investors

7 September 2023

The local Collective Investment Schemes (CIS) industry reported assets under management of R3.36 trillion at the end of the second quarter 2023. read more

Local CIS industry assets grow to R3.27 trillion

12 June 2023

The local Collective Investment Schemes (CIS) industry increased assets under management to R3.27 trillion in the first quarter of 2023 from R3.16 trillion at the end of December 2022. read more

Life insurers remain well-capitalised despite tough operating conditions in 2022

15 March 2023

South African life insurers navigated volatile investment markets and a tough operating environment in 2022,... read more

Local CIS assets under management recover to previous highs

27 February 2023

The local Collective Investment Schemes (CIS) industry recorded net inflows* of R108 billion in 2022, ending the year with R3.14 trillion in assets under management.  read more

Hedge fund industry sees assets under management jump by an unprecedented 30% in 2022

27 February 2023

The South African hedge fund industry grew its assets by an unprecedented 30% in 2022, ending the year with R113.01 billion under management... read more