On Tuesday I was invited to attend a media conference at the Association for Savings and Investment South Africa (Asisa), where the organisation introduced its Transformation Report, amongst other things.
It detailed the progress made by Asisa members between 2018 and 2022 and revealed that both life offices and asset managers had made encouraging strides towards achieving the relevant transformation targets set by the Amended Financial Sector Code.
In addition, the local collective investment schemes’ statistics for the fourth quarter and the year ending December 2023 were released. My colleague Stephen Cranston covered all the newsworthy trends in detail here.