March 27, 2024
Momentum Metropolitan continues to deliver robust earnings
Momentum Metropolitan Holdings reported robust earnings for the six months ended 31 December 2023. Highlights include normalised headline earnings of R2.4 billion, up 42% on the prior period, and a 69% increase in operating profit to R2 billion.
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March 27, 2024
"Black tax” is real – but it’s not only for blacks
Financial advisor Munya Shumba delves into the "black tax" phenomenon, shedding light on its roots in financial inequality. He stresses the importance of early investing, setting boundaries, and budgeting to break the cycle and secure a prosperous future for oneself and future generations.
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March 28, 2024
Tracking the (marginal) error
Investors expect active fund managers to outperform benchmarks, while passive ETF managers strive to replicate them. Tracking error, the divergence from benchmarks, poses challenges for both, revealing crucial insights into portfolio strategies and performance attribution.
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March 25, 2024
The importance of redefining private banking
The article discusses the evolution of private banking, emphasizing the need for a shift from transactional services to holistic advisory solutions, focusing on clients' emotional and financial goals for lasting wealth management.
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March 25, 2024
Why outsourcing investment management adoption is growing
Outsourcing investment management has become very popular among financial advisers. Faced with the complexity of financial markets and clients’ needs, it makes sense to standardise investment solutions.
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March 25, 2024
Consult’s Sonja Steyn steps up into new leadership role at Momentum Advice
Sonja Steyn, former Head of Wealth Management Strategy at Consult by Momentum, has been appointed the new Head of Strategic Wealth Management and Advice for Momentum Advice.
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