More in­vest­ment schemes

Finweek English Edition - - MARKET PLACE -

The As­so­ci­a­tion for Sav­ings and In­vest­ment South Africa (Asisa) re­leased stats show­ing that 2016 saw an in­crease of 193 col­lec­tive in­vest­ment schemes to a to­tal of 1 520. This is far too many for a mod­est mar­ket. Sure, this in­cludes off­shore and as­set classes aside from just listed shares. The good news for in­vestors, aside from try­ing to de­ter­mine which – if any – to buy, is that this level of funds means costs must be un­der pres­sure.

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