FundsData, the collective investments and unit trust database product of Profile Data Technology (Pty) Limited, a subsidiary of the Profile Group, has been incorporated into Fund Analytics, flagship product of London-based Financial Express. Global fund managers can now easily tap into South African collective investments and unit trust data.

Collective investments in South Africa are a two trillion rand industry. With many South Africans living abroad, investment professionals in non-South African jurisdictions often require information on the local industry.

The number of domestic collective investments offered by South African institutions outnumber JSE-listed shares by three to one and have grown to over 1100 funds from some 700 funds five years ago. Together with ETFs, investors are hard-pressed to know which products to buy.

“Our efforts to distribute investment data to as wide an audience as possible together with the right analytical tools has paid off. ProfileData is the leading distributor of unit trust data and solutions to both the retail investor and the professional fund manager,” says Ernie Alexander, the group’s CEO. “Not only do we distribute data via web and other media, but many of the top institutions use Profile’s services to build customised solutions into which data is channelled for redistribution to clients and financial advisors. In a world of information overload our data solutions helps create order and provide the critical insights investors need to make decisions. The ability to benchmark investments against a multitude of other options is critical in the decision-making process.”

Profile Group, together with recently acquired PlexCrown Fund Ratings (Pty) Limited, will also play a larger role in the prestigious annual Raging Bull awards, which recognises long term performance and investment company risk management.

ProfileData is the statistics and electronic data division of the Profile Group. ProfileData provides data feeds and web services to a range of institutional and corporate clients within the industry.

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