SA asset management industry hits new high

Loading player...
GUEST - Sunette Mulder, senior policy advisor at Association for Savings and Investment South Africa [ASISA]

The local Collective Investment Schemes (CIS) industry reported assets under management of R3.64 trillion at the end of the second quarter of 2024, a growth of 2% from the end of the first quarter of 2024 when assets stood at R3.57 trillion. Over the 12 months to 30 June 2024, assets grew by 8.3%, driven primarily by stock market performance.

The CIS industry statistics for the quarter and year ended June 2024, released by the Association for Savings and Investment South Africa (ASISA), show that despite delivering consistent and steady growth in assets under management, the local CIS industry recorded net outflows of R30 billion (excluding reinvestments) in the second quarter of this year.
18 Sep 2024 12PM English South Africa Business News · Investing

Other recent episodes

FDI at a Turning Point: What Global Investors Expect in 2026

Kearney’s Global Business Policy Council unveils the 2026 FDI Confidence Index®, revealing the top global and emerging markets expected to attract investment over the next three years. Africa Managing Partner Theo Sibiya breaks down the trends shaping investor sentiment
9 Apr 4PM 13 min

Inside Your Pocket: Why SA’s Cost of Living Keeps Climbing

Electricity inflation has surged 85% since 2020, water is up 68%, and low‑income households now spend nearly 67% of their income on food and utilities. Senior economist Raksha Darji unpacks the Competition Commission’s March 2026 Cost of Living Report — revealing structural failures, pricing behaviour, and what must change to…
9 Apr 4PM 13 min