What is the future of the investment industry in South Africa? Will the industry consolidate in the face of tough economic times and shrinking savings, and if so, how will this consolidation pan out?
These questions were put to the CEOs of three of South Africa’s biggest investment houses – Hendrik du Toit of Ninety One, Anton Pillay of Coronation, and Derrick Msibi of Stanlib – at a recent investment conference hosted by discretionary fund manager INN8 Invest.
I recently wrote in this column that a shake-up was due for South Africa’s
