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Sanlam Investment Management – African Frontier Markets Fund

Sanlam Investment Management – African Frontier Markets Fund

Type: Offshore Oeic

Aim: Growth by investing in listed African equities excluding South Africa

Minimum investment: Lump sum £1,000, $1,000

Investment split: Up to 100% in African equities excluding South Africa, up to 30% in cash/cash equivalents

Place of registration: Dublin

Charges: Initial up to 5%, annual 1.75%, performance fee 20%

Commission: Initial up to 3%, renewal 0.5%

Tel: 00353 12053510



Platforms in clarity clash on rebate ban

There is friction within the platform industry over whether the FSA should back down on its proposals to unbundle charges and ban rebates in an effort to make charging structures more transparent. The FSA has delayed publication of its platform paper until later this year following frantic lobbying from all sides over its proposed ban […]

IFP to host RDR conference

The Institute of Financial Planning is hosting a half day conference to help advisers that are concerned about how they will meet the RDR requirements. Speakers include FSA sector manager David Geale, Henderson Global Investors chief economist Simon Ward and IFP chief executive Nick Cann. The conference is free to members on a first-come, first-served […]


Lloyds TSB rejects 9 out of 10 customer complaints

Lloyds TSB has admitted it receives around 2000 banking related complaints a day from its customers – but the bank rejects almost 90 per cent them. The state-backed bank said it had received 348,700 banking complaints in the first six months of the year but just 12 per cent ended in an apology or compensation. […]

Northern Rock postpones fee reduction

Northern Rock has postponed the reduction of its application fee due to a systems error. Last Friday the lender announced it would slash its mortgage application fee for home buyers by 60 per cent, from £250 to £99 on August 23. Northern Rock says it is now working to implement the fee reduction as quickly […]


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