CIS industry assets racing to R2.5 trillion

JOHANNESBURG – Investors ploughed R26 billion in net inflows to the local Collective Investment Schemes (CIS) industry in the second quarter of the year, with the combined value of assets in the sector racing towards R2.5 trillion at the end of June.

The CIS industry statistics for the quarter ended June yesterday showed that the growth net inflows pushed total net inflows for the year ended June to R96bn.

Proceed to Source : IOL

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