Investors Urge South Africa To Leave Their $163B Savings
South Africa’s 2.4 trillion rand ($163 billion) savings industry has a request for the ruling party: stop threatening to dictate where funds must invest and get going on projects that pensions can help finance.
Elias Masilela Resigns as CEO of SA's Public Investment Corp
Elias Masilela, the CEO of the Public Investment Corporation (PIC), is resigning effective June 30, 2014. South Africa's Public Investment Corporation has US$ 153 billion in assets which manages pensions for South African state workers. Under Masilela’s watch, pension assets grew by 60%.
Investors in South African Balanced Funds Lost Out on Listed Property Boom
Listed property in South Africa has out-performed the equity and the bond markets by a wide margin over the past 15 years, but many investors in multi-asset (or balanced) funds did not benefit as much as they could have done from the extended bull run, because their exposure to the sector was low.
Bowdoin Investment Head: Divesting from Fossil Fuels Would Have Cut Returns 5% a Year for a Decade
Bill McKibben and Tom Steyer are helping to assemble an army of students and activists to take on the investment establishment over climate change and push endowments, foundations and other instituti...
South Africa president dropped $23 million in public money on this enormous estate
The controversial homestead of South African President Jacob Zuma in Nkandla, South Africa.(Marco Longarimarco/AFP File)...
South Africa's Govt Pension Fund Needs a Master Custodian
The GEPF seeks to appoint a single legal contracting entity with which it can contract for the provision of all required master custody services.
Slower Growth Predicted for South African Property Market
After two years of strong growth, the residential market in South Africa is set to lead global housing price increases by some estimates, although the rise in property values is expected to be slower...
2014 Budget tackles irregularity in South Africa's Property Industry
Finance Minister Pravin Gordhan said an initiative undertaken jointly with the public works department to review the validity and cost effectiveness of all government property leases had exposed several deficiencies.
Brandon Doyle interviewed on CNBC Africa, Closing Bell West Africa
Convergence Partners recently raised $150mn pool of capital for investment in ICT private equity. CNBC Africa spoke to CEO Brandon Doyle about the private equity fund raising environment in Southern Africa as well as the general direction of current trends in the PE market.
$100B South Africa Pension Appoints Investment Head
Naran joins the South African fund while a question mark
remains over the status of the its CIO and aiCIO Power 100 member John
Oliphant , who was suspended in October....