Sygnia CEO Magda Wierzycka: New exchange control regulations will hurt many asset managers
Investment expert, entrepreneur says active asset managers unlikely to celebrate re-classification of ETFs with foreign assets as domestic.
Investment expert, entrepreneur says active asset managers unlikely to celebrate re-classification of ETFs with foreign assets as domestic.
Liberty Holdings is in the final stages of buying an asset management firm in Ghana and is also looking to Ethiopia, Rwanda and Nigeria for potential deals, its chief executive said on Wednesday.
All six foot five and a half inches of Gary Booysen is fascinated by shares, especially smaller stocks like Ellies, the playground of smaller investors.
As she opens her two unit trusts to investment from the public, Allan Gray’s former star manager Delphine Govender explains why she decided to go it alone.
An investment vote of confidence in JSE-listed capital property company Attacq – which has delivered 25% growth in Net Asset Value Per Share (NAVPS) – is effectively a vote of confidence in the giant Waterfall Estate development in Midrand.
Chief executives are naturally optimistic. They need to be to shrug off challenges and devise new ways of adding value for shareholders. But sometimes even the greatest optimists feel compelled to call a halt to irrational exuberance (courtesy Alan Greenspan) as Peter Armitage, CEO of today’s new listing Anchor Capital, did in this interview. The … Read more
On of my early jobs in journalism was at Finance Week. My 2.5% ownership of the business was taken back when I left, but they did give me the first 12 bound editions of the publication. Over the weekend I was having a read at some of the articles I wrote for the mag in … Read more
Kimon Boyiatjis from Trident Capital closed off this week’s market analysis by taking a look at some of the fresh news from the SENS today. Kimon started off with BHP Billiton providing shareholders with an update of its decade long portfolio simplification, shareholders responded well to the news and BHP Billiton is up just under 4% on the … Read more
By Alec Hogg I received interesting response from yesterday’s newsletter regarding Coronation’s dumping of 170m Abil shares after the profit warning. Including an insider who suggested the asset manager, which for months had been former CEO Leon Kirkinis’s biggest supporter and at 20% Abil’s biggest shareholder, either employs clairvoyants or had some insights the rest … Read more
In popular culture, retirement is often painted as the golden years, a time to sit back and enjoy the fruits of a lifetime of hard work. Unfortunately, that attractive dream is very far from the reality for the majority of South Africans. According to a recent survey, only 29% of working South Africans who are … Read more