Johannesburg - The National Treasury said on Monday that it is upping the limit to the percentage amount that institutional investors can invest offshore by 5%.
The Treasury explained that this formed part of a package of measures to respond to surging portfolio inflows.
Retirement funds can now invest 25% offshore, collective investment schemes (unit trusts) 35%, investment managers 35%, and long-term insurers 35% if investment linked and 25% if they are not investment linked.