June 25, 2014

With the JSE’s All Share Index at new highs (closed on the 24th of June at 50 890) it is interesting to note that a number of balanced fund managers are holding a larger percentage of cash in their funds.  Coronation, Allan Gray and PSG Fund Managers explain their rationale for this in a Moneyweb article.  Click to read the article: “Why balanced funds are holding more cash”