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South African savings growth reached a record in 2021, but outlook bleaker.

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For the third year in a row, global financial assets grew by double-digits in 2021, reaching €233-trillion, the ‘Allianz Global Wealth Report 2022’ shows.

The report indicates that, in retrospect, 2021 might have been the last year of the old “new normal”, with bullish stock markets powered by monetary policy.

13 Oct 2022 6AM English South Africa Business News · Investing

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