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28 November 2006 |
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Writing the textbook
on transformation |
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Financial services companies
should view the financial sector charter FSC as a benchmark to be
surpassed rather than simply complied with says Leon Greyling
executive director at one of South Africa s leading multi managers
Investment Solutions |
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11 September 2006 |
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Watch
survivorship bias when comparing portfolios |
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Surveys of
investment returns by asset manager are useful tools for comparing
portfolios with similar mandates at a particular time. But they
introduce an inherent bias, called survivorship bias. |
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09 May 2006 |
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Unit trust inflows
accelerate, but not for equity fund |
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Net inflows into unit trusts in
the first quarter of the year exceeded those for the whole of 2002 and
were equal to 34 percent of inflows for 2005 which was a record year
for the industry with net inflows totalling R58 billion During the
first quarter the JSE hit an all time high of 20 677 96 points on
March 30 and posted a 12 month return of 57 4 percent. |
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07 May 2006 |
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Don't put your eggs in one basket |
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Investment Solutions head of
institutional new business Nic Campbell demonstrates the absurdity of
using short term investment performance when selecting fund managers
with a startling scenario in 2004 the top ranked fund manager in the
Alexander Forbes SA Large Manager Watch survey South Africa s 11
largest managers was RMB and the worst performer was Allan Gray |
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07 May 2006 |
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Bull run makes even goats
look like gazelles |
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All the signs of a raging bull
market are evident
says Coronation Fund Managers CEO Thys du Toit including fragmentation
of asset managers over bearing confidence vast sums of money being
made and boutique type managers once again in vogue. |
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07 May 2006 |
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Market seen as too
risky to leave to own devices |
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The big losses incurred after the
2001 market correction still haunt global markets even though this
was followed by a three year bull market |
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