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
Implats keeps hopes alive for RBPlat as Northam bows out – Business Day
Impala Platinum (Implats), now the sole bidder for a controlling stake in Royal Bafokeng Platinum (RBPlats) after its rival Northam Platinum pulled out of the race, is still counting on the remaining RBPlat shareholders to back its proposal. Written by Andries Mahlangu, with insights from Mandi Dungwa – portfolio manager for Camissa Asset Management. view […]
SA stocks plummet in longest slide since 2018 – Business Day
A global slump in stocks dragged SA’s benchmark equity index lower for a seventh day on Wednesday, the longest losing streak for the market since October 2018. Article by Colleen Goko and Adelaide Changole, with commentary from Abdul Davids – head of research for Camissa Asset Management. view article
Regulator gives nod for Northam to pursue RBPlat – Business Day
Endorsement could see the lengthy battle for control of the platinum miner drag on. Article by Nico Gous and Andries Mahlangu, with commentary from Mandi Dungwa – portfolio manager for Camissa Asset Management. view article