Murray Anderson, a seasoned asset management and advice professional, joins Prescient Investment Management (PIM) as its new Head of Retail and exco member effective from 1 November 2023.

The recent update from Minister of Finance Enoch Godongwana on South Africa’s progress in addressing the Financial Action Task Force’s (FATF) grey-listing deficiencies is a positive indication of the country’s commitment to strengthening its anti-money laundering (AML) and counter-terrorism financing (CTF) frameworks.

Sanlam is pleased to announce the combination of the investment administration business of Glacier by Sanlam and Absa’s market-linked investment services provider business.

The Southern African Venture Capital and Private Equity Association (SAVCA) has officially launched the 2023 Venture Capital (VC) Industry Survey. SAVCA CEO, Tshepiso Kobile, believes that the results of this year’s survey reflect that the sector is experiencing trying times, yet the business case for it remains strong, with some attractive opportunities for investors.

When reviewing the characteristics of good and bad teams, it is clear to see that the art of team management shares uncanny similarities with the delicate task of investment portfolio construction.

The rules around the payment of proceeds from South African long-term insurance policies to foreign bank accounts can be confusing. Alix Moreillon, legal adviser at Allan Gray, clarifies when annuity income from a living annuity may be paid to a foreign bank account and explains the exchange control regulations surrounding these payments.