Issue: Oct 2010/Jan 2011
Editorials

First Word

Start asking the hard questions about why SA lacks a savings culture. A possible reason is that there’s no lead from government, neither by vision nor example Read more...


Court Cases

A R40m dispute between a provident fund and an investment consultant is going to trial. In the fireworks, there could be salutary lessons for the broader trustee community. Read more...


New Growth Path

So there’s to be no prescribed-assets requirement for retirement funds. That’s a relief, provided the funds and their representative institutions rise to new challenges on their own responsibilities. Read more...


Currents

Social grants spinning out of control; Top asset manager caught for insider trading; SRI index flaws on environmental compliance; Comparing FSB and National Treasury remuneration levels; Another CalPERS lead on holding directors to account. Read more...


Surplus Strips

The criminal trial of Simon Nash has put FSB executive officer Dube Tshidi under pressure to explain curatorship appointments. Cross-examination isn’t for sissies, as Nash will also have to discover. Read more...


Cover Story

The Guardian’s Fund is supposed to protect the most vulnerable people in society. The way it’s now set up, it doesn’t and it can’t. Justice Minister Jeff Radebe appears to be in denial. He must sort it out and seriously consider whether he has any option other than to outsource it. Read more...


Profile

The philosophies of Elias Masilela, warmly welcomed as new head of the Public Investment Corporation. Read more...


Principal Officers

Bring on professionalisation. The POA has begun to walk the talk. It deserves encouragement. Read more...


Shareholder Responsibility

The months pass, and still AMSA has not announced the date for the shareholders’ meeting to approve its proposed BEE transaction. It has reason to worry about not getting the 75% majority support it needs, as opposed to the 50% it had thought it needed. Read more...


Responsible Investment

The JSE SRI index is a work in progress. Year by year, it improves. There’s scope for much improvement yet, and the JSE is keen to address it. Read more...


Viewpoint 1

Watch out carefully for the hidden costs in changing asset managers, says Brandon Furstenburg. Read more...


Viewpoint 2

There’s a strong case for pension funds to invest in private equity, says Gavin Came. Read more...


Gravy

An old Russian joke says it all. Read more...


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