Are REITs the Solution to Direct Property Holding Challenges for Pension Funds?

Are REITs the Solution to Direct Property Holding Challenges for Pension Funds?

After years of relentless advocacy by the investment management community for the enactment of required legislation, finally there is now in place the regulatory framework that governs the creation of REITs.

Modeled along fund structures, REITs (Real Estate Investment Trusts) are a special type of professionally managed

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Old Mutual seek to unbundle portion of Nedbank stake

Old Mutual seek to unbundle portion of Nedbank stake

Staff Reporter

OLD Mutual Limited has said it will unbundle a portion of its stake in Nedbank subject to relevant approvals.

According to a circular to shareholders, Old Mutual will unbundle all the Nedbank ordinary shares currently held by Old Mutual Emerging Markets Limited being 62,131,692 Nedbank ordinary shares and comprising 12,2 percent of

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NicozDiamond GPW in massive growth

NicozDiamond GPW in massive growth

Staff Reporter

HARARE, Short term insurer, NicozDiamond says gross premium written (GPW) in 2020 grew by 669 percent to $2,07 billion driven by new business and revaluation of insurance portfolios in response to inflationary pressure, resulting in net earned premium growth of 680 percent.

Chairman Elisha Moyo said the group had an investment profit of $13,3 million

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Considerations when choosing a life policy nominated beneficiary

Considerations when choosing a life policy nominated beneficiary

By Farai Francis Zhara

Choosing a life policy nominated beneficiary is a field many people are tempted to overlook when filling the proposal form but this is an important decision.  You buy insurance because you have a reason for the payout, maybe to provide funds for your family to pay bills or to pay for children’s school fees and

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