Why a Fund of Funds offering makes sense

Apart from significant diversification benefits, a Fund of Funds (FoF) solution offers a particular advantage for investors seeking tax efficiency, writes Magnus Heystek Jr.

Armitage’s Anchor heads for JSE – zero to R180m valuation in 2 years

I met Peter Armitage in the early 1990s when the young chartered accountant decided to switch from auditing to Investor Relations and work for my dear friend the late David Carte. They had  fun together and Carte always spoke highly of Armitage, but knew he was always destined for more than building reputations of others. Highly … Read more

Summary of Allan Gray’s Abil buy after profit warning

Last week Wednesday, on the 6th of August, African Bank released a quarterly update, which included a cautionary announcement expecting full year losses of $600m as well as the news that Leon Kirkinis Abil’s CEO for 23 years would be stepping down with immediate effect.  A frenzy of action ensued as investors, speculators and affected … Read more

JSE profits sparkle, robust systems handle Abil trading frenzy

JSE chief executive Nicky Newton-King is bucked at the comfort with which the exchange’s trading engine handled more than 30 intra-day auctions during hectic trade in Abil shares last week. She also answers the tough questions about Coronation’s dumping of 170m shares – and whether the JSE Surveillance team will be investigating insider trading. Perhaps … Read more