1 Comment

A post on the high fees of South Africa's asset managers and how they never (6% of the time) beat the market would be a great addition to this post!

https://www.spglobal.com/spdji/en/documents/spiva/spiva-south-africa-year-end-2021.pdf

Especially against the comparatively risk-free/ high returns of SA Retail Bonds.

Expand full comment