CIS industry tops R4 trillion as investors ride JSE rally – Moonstone Information Refinery
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CIS industry tops R4 trillion as investors ride JSE rally – Moonstone Information Refinery
The collective investment schemes (CIS) industry reached the R4-trillion milestone in the second quarter of this year, ending June with R4.16 trillion in assets under management (AUM). Sunette Mulder, the chief of staff at the Association for Savings and Investment South Africa (ASISA), said this was achieved on the back of robust growth delivered by South Africa’s equity market and healthy net inflows from investors. The FTSE/JSE All Share Inde…
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