Press Releases
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Top honours at 2013 Morningstar South Africa Awards
04 March 2013 - Coronation InsightsFor the third consecutive year, Coronation Fund Managers was named Best Large Fund House at the 2013 Morningstar South Africa Fund Awards ceremony held in Cape Town this week. The Morningstar awards are held annually to recognise individual funds and firms that have delivered outstanding returns while maintaining prudent risk management. The awards‟ methodology emphasises both...
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Coronation fund gets the risk-return balance right
02 February 2013 - Laura du PreezInvestors in the fund that won the award for the top-performing prudential fund had their cake and got to eat it too over the past five years the fund's manager says. The Coronation Balance Defensive Fund is a low-risk fund despite keeping its investments in riskier assets to below 40 percent of the fund, the fund returned the best returns for the lowest risk among its many peers in the asset...
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Funds toast a year of pleasant surprises
02 February 2013 - Laura du PreezThe unit trust industry this week celebrated its successes at the 17th Raging Bull Awards after a year and of pleasant surprise in the financial markets. Although most asset managers had been expecting lower returns in 2012, there was a bull market in local and foreign equities, as well as in the domestic bond and property markets...
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Coronation named Best Domestic Management Company of 2012 at Raging Bull awards ceremony
02 February 2013 - Coronation InsightsCoronation Fund Managers was named best domestic management company of 2012 at the 17th annual Raging Bull Awards ceremony held in Johannesburg last night. Coronation’s first place in the domestic management company of the year category was based on the most impressive and most consistent overall performance across a suite of rand-denominated funds (both domestic and international)...
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Responsible investing
01 February 2013 - Karl LeinbergerAn issue that is becoming increasingly important in our industry is that of responsible investing (RI). In 2006, the United Nations released the Principles for Responsible Investment (UNPRI), to which Coronation was an early signatory. In 2011, revisions to Regulation 28 of the Pension Funds Act included an explicit requirement that institutional investors consider environmental, social...
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Politics - the art of the possible (commentary for the fourth quarter of 2012)
01 February 2013 - Charles de KockThe final quarter of 2012 was marked by a flurry of political events, both locally and abroad. In the US, President Obama won a second term. In China, the new leadership of the Communist Party was announced. The Japanese held an election won by Shinzo Abe who has already announced a number of new economic policy initiatives. In Europe, Mario Monti, the caretaker Italian prime minister, announced...
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Sberbank
01 February 2013 - Kyle WalesFew countries have had a history as varied and colourful as Russia. In the 20th century alone, Russia has borne witness to the lavish courts of the tsars, a revolution that gave birth to a communist state, the German invasion in World War II, the defeat of Germany and the rise of the Soviet Union as a super power, the Cold War, and finally the collapse of the Soviet Union and the...
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Pioneer Foods
01 February 2013 - Sarah-Jane AlexanderPioneer Foods owns a portfolio of household names that fill the shopping baskets and kitchens of consumers across the country – brands such as Sasko bread, Ceres and Liqui-Fruit juice, Spekko rice, Moir’s baking products, Wellington’s sauces and Bokomo Weet-Bix. It is an enviable collection and one that should enable the business to continue its growth trajectory. As a result...