Raging Bull Awards: recognising top asset managers over 5 years – IOL
The past five years have seen various funds and managers come to the fore in the annual Raging Bull Awards, which recognise outstanding performance by asset managers offering unit trust funds to retail investors. While large established firms such as Ninety One (previously Investec Asset Management) and PSG featured strongly, smaller, so-called “boutique” managers stole […]
The PM of this R5.8bn fund explains its ‘dramatic’ asset allocation changes – Citywire
Since the South African elections at the end of May, the fund has cut SA fixed income and equity exposure while increasing cash and global equity holdings. Gavin Wood, chief investment officer for Camissa Asset Management, provided insight during a webinar last week. view article
Morningstar announces SA finalists for its Investing Excellence awards – Citywire
Morningstar has announced the South African finalists for its awards for Investing Excellence. The company will make the winners known in Cape Town on 6 March. view article
OPINION | Gritty comeback in store for SPAR? – Media24
SPAR has seen a perfect storm of problems. But its prospects are good, argues Mohamed Mitha – investment analyst for Camissa Asset Management. view article
SA Equity PM: ‘The market has not run ahead of itself’ – Citywire
Visio believes that South African equities will see an earnings recovery, but investors have yet to price this into the valuations of local shares. Including comment from Abdul Davids – head of research and portfolio manager for Camissa Asset Management. view article
Shoprite reviews its operations outside SA – The Sunday Times
After disposing of its furniture business, Shoprite is reviewing more operations, especially in Ghana, which is facing hyperinflation that is having an effect on earnings. The group operates in 10 countries outside South Africa including the Democratic Republic of Congo and Angola, with a total of 266 stores. With comment from Mohamed Mitha – investment […]
‘It’s not transition at any cost’: Sasol says it won’t kill itself chasing change – News24
While Sasol is hard at work to assess growth opportunities that can reduce its dependence on dirty coal, it hasn’t ruled out the possibility that there may be no viable transition pathways for it to pursue just yet. With comment from Abdul Davids – head of research for Camissa Asset Management. view article
Turn in production fortunes boosts Sasol shares – News24
A production and sales update helped push Sasol share price up 6% on Monday as the group’s numbers surprised on the upside, pointing to a turnaround in fortunes under the new CEO. With insights by Abdul Davids – head of research for Camissa Asset Management. view article
What is the point of wealth in a broken world – Money Marketing
It’s not a simple case of choosing between purpose and profit for asset allocators, many of whom are taking a more nuanced view as they engage with issues rather than avoiding them by disinvesting. Investors are increasingly applying non-financial factors related to Environmental, Social and Governance (ESG) issues to identify material risks and growth opportunities. […]
How a rattled SA became Anglo’s best defence against BHP bid – BizNews
In a dramatic corporate standoff, Anglo American successfully thwarted BHP’s $49 billion takeover bid by rallying around its deep-rooted legacy in South Africa. With over 20% of its shares held locally, Anglo leveraged its national significance and employed a strategic defence led by CEO Duncan Wanblad. With comment from Mandi Dungwa – portfolio manager for […]