The recent research undertaken by TABB Group at SunGard’s request, has revealed that regulation is the greatest threat to success for boutique asset management firms. AGF catches up with Brian Anderson, head of business development, Africa at SunGard, to discuss the situation in South Africa.
The International Accounting Standards Board recently released a new accounting standard on financial instruments. The new standard, called IFRS 9 Financial Instruments, addresses financial instruments and is applicable to asset managers and investment funds who prepare their financial statements in accordance with IFRS.
The listed property sector continues to show significant outperformance, despite property funds operating in a challenging environment. However, this degree of relative outperformance is not sustainable.
Fundraising by Africa-focused private equity has rebounded after the global financial crisis, buoyed by support from the international development finance institutions, according to UN ECA.
Africa will be trading predominantly with partners from the South by 2020, the African Development Forum has revealed.
South Africa is in the unfortunate position of being very dependent on the actions of the US Fed and the Chinese authorities, meaning that the SA Reserve Bank cannot focus purely on domestic factors when setting interest rates, according to Izak Odendaal, Investment Analyst at Old Mutual Wealth.
