Want to create an interactive transcript for this episode?
Podcast: WorldWide Markets with Simon Brown
Episode: JSE Direct 209: Hating on unit trusts
Description: Hating on unit trusts
Simon Shares
SPIVA results for South Africa are out and they track how many active managers fail to beat the index. Truth is that even over 1 year most do NOT beat the index. In short, buy passive or lose money? The PDF of the report is here.
Standard & Poors has downgraded SA's expected GDP for 2016 from 1.6% to 0.8% further cementing the likelihood of a downgrade to junk from the rating agency.
African Bank has relaunched, but this is not the one you have shares in. The suspended ABIL sold off good assets and...