Sygnia reported that its Group revenue increased 13.4% to R397.4 million, for the six months ending 31 March 2022. The company said its assets under management rose by 6.1%. It has attracted R241.2 billion from institutional investors and R54.1 billion from retail investors, an 18% increase from the previous year. Sygnia noted growing popularity of its Exchange-Traded Funds (ETFs) among institutional and retail customers, which attracted net inflows of R2.4 billion. Sygnia is now the second-largest provider of ETFs in South Africa and the largest provider of international ETFs on the JSE.
