The local Collective Investment Schemes (CIS) industry attracted net inflows of R49 billion during the second quarter of this year, the second highest ever after the record breaking R63 billion achieved in the third quarter of last year.
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Unit trust inflows at record highs due to strong investor confidence
The local Collective Investment Schemes industry continued to benefit from strong investor confidence in the first quarter of this year, attracting net inflows of R47 billion.
Tagged with: ASISA, Association for Savings and Investment South Africa, CIS, Collective Investment Scheme, unit trust
Posted in News, Press Room
Posted in News, Press Room
Life insurers paid 99% of 2012 death benefit claims
Life insurance companies paid 99% of all claims made last year against fully underwritten life policies to a value of R6.8 billion.
Tagged with: ASISA, Association for Savings and Investment South Africa, Claims, Life cover claims, Life Insurance
Posted in News, Press Room
Posted in News, Press Room
