Camissa CEO: One of my best decisions was to motivate Coronation to exit – Citywire
Camissa Asset Management chief executive Roland Greaver believes that one of his best business decisions was to motivate Coronation Fund Managers to sell its stake in the company in 2005. ‘At the time, it was politically incorrect for black-owned businesses to have a big established institution as a shareholder because such businesses were not seen […]
Government demands may have toppled Hulamin takeover deal – News24
A possible deal to buy Hulamin has flopped after months of talks. Sources say government’s requirements were too onerous for the potential buyer. The company is an attractive target because aluminium is in high demand in the green economy. Written by Lisa Steyn with comment from Abdul Davids, head of research for Camissa Asset Management. […]
Smart About Money
If you are choosing an actively managed equity fund, should you look for a manager that says it invests with conviction and doesn’t just follow the benchmark index? Or is it better to use a manager who takes smaller bets around the benchmark? High conviction managers typically invest in a smaller number of shares and […]
Ninety One gets it in the neck as volatile times bite – Financial Mail
The company, no stranger to rough markets, has taken a beating of late. But its founder and CEO remains bullish. Article by Jaco Visser with comment from Meyrick Barker, investment analyst for Camissa Asset Management. view article
Old Mutual to consider offering top performing global blend fund to DFMs – City Wire
The Old Mutual Global Multi-Style Equity strategy combines a number of approaches in a single portfolio…Article by Stephen Cranston. view article
Kagiso Islamic Equity Fund – Personal Finance
Of the handful of Islamic equity funds offered by South African managers, the Kagiso Islamic Equity Fund has consistently outperformed its peers, not to mention outperforming the majority of straight equity funds. Article by Abdul Davids for Fund Focus. view article
Morningstar Awards: SA’s best large asset manager is a passive house, two years in a row – CityWire
Satrix once again comes out tops at the Morningstar Awards, which were otherwise dominated by boutiques. Article by Patrick Cairns.
FNB looks forward to growth as loan appetite sharpens – The Sunday Times Business
FNB is positioning itself for an expected credit cycle reboot as consumers and corporate incomes continue to recover, supported by pent-up private sector demand. Article by Thabiso Mochiko with commentary by Meyrick Barker – investment analyst at Camissa Asset Management.
MTN steps up fibre drive in Africa – The Sunday Times Business
MTN is ramping up its fibre business in several African countries to capture continued demand for the high-speed internet connectivity needed to accelerate the digital economy and fintech services. Article by Thabiso Mochiko with insights from Aslam Dalvi – portfolio manager at Camissa Asset Management.
Sibanye-Stillwater faces court battle for ditching $1.2bn Brazil mines deal – Mining.com
Appian Capital Advisory is taking Sibanye-Stillwater (JSE: SSW) (NYSE: SBSW) to the High Court in London over the South African miner’s decision to ditch a multi-million deal to acquire nickel and copper mines in Brazil. Article by Cecilia Jamasmie with comment from Mandi Dungwa – portfolio manager at Camissa Asset Management.