The chief executive officers of three of South Africa's largest fund managers expect an increase in takeovers and mergers, resulting in fewer players in the industry as the savings pool stagnates.

Prescient Securities (PSec) chief executive officer (CEO) Chris Craddock is stepping down from his position after five years at the helm due to family commitments in the UK, effective 31 October 2023.

When looking at history, traders and investors search for patterns and trends that can provide a foundation for informed predictions. In a sense, history provides an anchor - a source of grounding during periods of turbulence and volatility.

Sanisha Packirisamy, economist at Momentum Investments has shared her view on the GDP uptick and its impact on the next interest rate decision.

South Africa’s economy grew more than expected during the second quarter of this year, expanding 0.6% in real terms (seasonally adjusted). Although 1.6% year-on-year growth is nothing to celebrate, the SA economy appears to be holding up reasonably well

We had a look at what our female Share Invest clients are invested in right now. While not completely different to what our male clients are invested in – there were some interesting surprises waiting for us in the thousands of data points (and subsequent pivot tables) that we combed through, says Chantal Marx, Investment Research Head, FNB Wealth & Investments.