Archive for January 12th, 2009

Monday, January 12th, 2009

South African shares: Is this the turning point?


The present financial crisis has been with us for some time now and has affected virtually every sector of the economy, causing wide-spread damage. Developed economies like those in the US, Europe and Britain, as well as some emerging countries have already announced various bail-out packages and emergency measures to try and salvage their financial [...]

No Comments » - Posted in South Africa by Prieur du Plessis

Monday, January 12th, 2009

Worst year ever for South African equity unit trusts


According to a recent study done by Plexus Asset Management, 2008 has turned out to be the worst year ever for investors in rand-denominated domestic equity funds.
An analysis of the performance of unit trusts categorised under the various Association of Collective Investments (ACI) sectors for domestic equity funds shows that for the calendar year ended [...]

No Comments » - Posted in South Africa by Prieur du Plessis