Camissa launches new balanced fund focused on SA assets – Citywire
Camissa Asset Management on Tuesday launched a new fund, the Camissa SA Balanced fund, which is a building block fund aimed at investors looking for a locally balanced portfolio. Article by Justin Brown with comment from Gavin Wood – chief investment officer for Camissa Asset Management. view article
Repo Rate remains unchanged in the midst of decreasing inflation rate – Voice of the Cape
The South African Reserve Bank has kept the repo rate at 8.25% pa, thus putting a pause to the hiking cycle that has seen South African consumers experience ten successive repo rate increases. By Daanyaal Matthews with comment from Abdul Davids – head of research for Camissa Asset Management. view article
Bad news for fiscus as Amplats warns profit could plunge R20bn – Business Day
Anglo American Platinum (Amplats) has warned that its half-year profit is likely to plunge by as much as R20bn on weak metal prices and lower production — further evidence that the taxman will collect less from the mining industry. Article by Andries Mahlangu and Nico Gous with comment from Mandi Dungwa – portfolio manager for […]
Sentio: South Africa’s Shariah-compliant AUM could grow tenfold – Citywire
The South African Shariah investment universe, including segregated funds, is estimated at between R20bn and R25bn. Article by Stephen Cranston. view article
Mr Price to undertake big clear-out and diversity – Sunday Times
Mr Price Group aims to clear excess stock of its apparel brands that have piled up as a result of electricity blackouts that cut trading hours. It is also seeking to diversify, grow its new acquisitions and open standalone stores for children’s clothing. Written by Thabiso Mochiko with insights from Mohamed Mitha – investment analyst […]
Telkom: state might not sell – Sunday Times
Communications ministers wants to hang on to stake while the board sees proposed offer as far below market value. Article by Thabiso Mochiko with commentary from Aslam Dalvi – portfolio manager for Camissa Asset Management. view article
Spar ‘extends olive branch’ to franchisee, but some fruit remains bitter – Sunday Times
The company says is has brokered a peace deal with the Giannacopoulos family, but some matters remain unresolved. Article by Thabiso Mochiko with commentary from Mohamed Mitha – investment analyst for Camissa Asset Management. view article
Gavin Wood: Too much negativity is now priced in – Citywire
The CIO of Camissa Asset Management, Gavin Wood, believes the pervasive pessimism in markets at the moment should be treated with a contrarian’s scepticism. Article by Patrick Cairns. view article
‘There is no fundamental difference between local and offshore equities’ – Citywire
The Camissa Balanced fund is the most balanced between local and offshore stocks that it has ever been. Article by Patrick Cairns, with commentary by Gavin Wood, CIO of Camissa Asset Management. view article
Camissa hires head of institutional business development – Citywire
Camissa Asset Management has appointed Jason Liddle as its head of institutional business development, effective 1 July. By Justin Brown, with comment from Roland Greaver, CEO of Camissa Asset Management. view article
