The equity market has always added both uncertainty and return to portfolios.

This communication is to confirm that the amalgamation of the Ashburton Multi Manager Funds and the Ashburton Wealth Management Solution Funds with the FNB Multi Manager Funds has been approved.

This communication serves to inform you of the proposed changes being implemented within the mandate of the Ashburton Money Market Fund (AMMF) in order to align to the needs of our investors.

Dr James Cooke has been appointed to the Board of Ashburton (Jersey) Limited, as Director of Investments for Ashburton Investments (International).

Ashburton Investments’ MidCap ETF has won a SALTA 2021 award for the most capital raised by a South African Exchange Traded Fund (ETF) over one year.

Ashburton Investments has been nominated for an award at the inaugural Southern African Venture Capital and Private Equity Association (SAVCA) Conference awards to be held on 4 March 2021.

Our business has taken a decision to merge funds in the Ashburton Multi Manager Fund range with the FNB Multi Manager Funds. There is a ballot process currently underway and we would like to encourage all investors in these funds to participate.

The Ashburton Global 1200 Equity Fund of Funds ETF (ASHEQF) has reached the notable R1 billion assets under management milestone in just over three years since it launched.

Apple has had an incredible run recently, but its valuation is now well above its hardware technology peers which means one of its biggest competitors could be a better investment right now.

Ashburton Investments, the asset management arm of the FirstRand Group, today released the findings of its new report on the priorities of South African institutional investors for impact investing.

Changing the structure of the Ashburton Global 1200 Equity ETF

Ashburton Investments, the Jersey-based asset management business of FirstRand Group, has signed an agreement with JTC to administer fund shareholder accounts following full regulatory approval.

In a world where economic growth is slowing and uncertainty is increasing, investors may want to protect their portfolios, especially if they are predominantly in equity. But what are your options for growing your investment returns in this environment?

Investing in offshore equity can play a valuable role in your portfolio, adding diversification and, depending on your investment time horizon, a significant difference in portfolio returns.

There are compelling reasons why investors should consider investing in mezzanine debt - it can not only provide portfolio diversification but can also substantially enhance yield while reducing volatility.

Patrice Rassou has been appointed chief investment officer (CIO) of Ashburton Investments, the asset management business of FirstRand Limited with effect from April 2020. This is a new role created to coordinate the various investment management activities of the FirstRand group.

Sizwe Nxedlana has been appointed CEO of Ashburton Investments, the asset management arm of the FirstRand group, with immediate effect. Sizwe replaces former CEO, Boshoff Grobler, who last month moved to a new role in FirstRand Group Treasury.

As a result of changes to UK tax legislation, non-UK resident investors will be subject to capital gains tax on gains made on all direct, and certain indirect, disposals of UK property.

On 12 July 2019, we announced that the Ashburton Investments SICAV – Africa Equity Opportunities Fund would be liquidated on 12 August 2019.

Further to our news story of 20 June 2019 the results of the Extraordinary General Meeting (“EGM”) for the Ashburton Replica Portfolio Limited are listed below.