Business
Institutional investors should 'allocate more towards developmental initiatives'─── THANDI XABA 17:42 Mon, 03 Aug 2015
Bloemfontein - A call has been made for institutional investors to allocate more of workers’ retirement savings towards developmental initiatives.
Mergence Investment Managers' Mark van Wyk believes retirement savings could be used to fight unemployment.
He says the outcome of retirement savings could be greater, if at least 2% was invested in developmental projects.
Thandi Xaba/OFM News
Mark van Wyk: