Coronavirus Causes Panic – Global Market Recap
February 24, 2020
Sharenet Sites 
The Sharenet Group has over the last 30 years evolved from a pure data provision business into a fully-fledged financial services provider company, and in recent years, into two distinct business divisions:
An agnostic wealth management business with local and international focus; and an asset management business delivering risk-adjusted returns across a range of Collective Investment Scheme mandates.
Sharenet Group board of directors, as part of its continued review of Sharenet’s core business activities, have determined that, given the divergent paths between market data and asset management - there is no longer strategic rationale for operating an asset management business within the Sharenet Group.
This decision reflects Sharenet’s continued shift towards becoming an agnostic global platform business whereby Sharenet is recognised as the premier conduit between asset managers, financial advisors and end-user clients.
As a result, the Sharenet Board has, effective 25 June 2019, concluded a sale of Sharenet Investments to Management.
Sharenet Investments under the steady hand of CEO, JC Louw and Chairman, Kobus Louw will continue to operate under license agreement with Sharenet in South Africa, for a period of 5 years, focussing on providing Collective Investment Scheme and discretionary fund management solutions to independent financial advisors and their respective clients.
If you would like to access the Sharenet Investments website, please visit www.sharenetinvestments.co.za.
Should you require further information, please do not hesitate to contact the Sharenet Group.
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(Repeats with no changes to text) * Economy seen growing 4.7% in Dec qtr vs 4.5% in Sept qtr *…
WELLINGTON, Feb 28 (Reuters) – New Zealand said on Friday that it would release provisional data on its trade with…
(Adds milestones) BEIJING, Feb 28 (Reuters) – Mainland China had 327 new confirmed cases of coronavirus infections on Thursday, the…
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* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=CABOCR%3DECI rate at the meeting * reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=CACBIRQP BoC poll data * Reuters poll graphic on the BoC interest rate…
Feb 27 (Reuters) – * UNIFOR SAYS FCA SHIFT CUT WILL ELIMINATE 1,500 JOBS AT WINDSOR ASSEMBLY PLANT * UNIFOR…
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