Majority of local investors miss out on strong stock market recovery
Majority of local investors miss out on strong stock market recovery By Opinion Share The local Collective Investment Schemes (CIS) industry reported net inflows of R13.69 billion in the first three months of this year, taking to R203.83 billion the total net inflows for the 12 months to the end of March 2021. The CIS industry statistics for the quarter and year ended March 2021, released today by the Association for Savings and Investment South Africa (ASISA), show that while net inflows in the first quarter of this year tapered off from last year’s high levels, the total annual net inflow...