After the Bell: Contrasting the Altvest and Boxer listings

Recently I wrote about the lack of participation by retail investors in the upcoming listing of the Boxer supermarket chain, which will be hived off out of Pick n Pay. The IPO (Initial Public Offering), as it is inaccurately called, will only be open to “qualifying investors” – basically SA’s 10 biggest investment houses.  But […]

Altvest’s AltX debut a boost to small businesses

The upcoming JSE listing opens up a portal of institutional and retail portfolios as well. Fledgling asset manager Altvest has finally been granted a listing on the Johannesburg Stock Exchange’s (JSE’s) AltX board under the diversified financial services sector, following its delisting from the Cape Town Stock Exchange (CTSE). The Financial Markets Act does not […]

Altvest Capital to democratise capital markets through landmark JSE listing

Everyday South Africans will have access to high-quality, equity-like investment opportunities previously reserved for the wealthy elite Altvest Capital is proceeding with its IPO on the JSE. The offer opens on September 13, with the listing scheduled for October 14. This move marks a significant milestone in the company’s mission to democratise access to private equity […]