South Africa - Institutional
Press Releases
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Zero interest rates will not last forever
27 July 2013 - Charles de KockThe collapse of Lehman Brothers and capitalism's so-called near death experience in September 2008 heralded the start of an extraordinary period for monetary policy. In the United States, the federal funds rate was cut from two percent to zero over the course of a few meetings of the Federal Reserve Board...
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Reform aims to increase efficiency
24 July 2013 - David JacksonA NEW technical discussion paper released by National Treasury earlier this month has given fresh impetus to the process of retirement industry reform, which seeks to achieve a fair balance between the interests of consumers and pension fund service providers...
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Looking for the next wave of multinationals
23 July 2013 - Coronation InsightsTen years ago few would have predicted that Mr Price would be able to grow earnings by 25 percent a year for the next decade, being a player in what seemed at the time to be a fairly well served retail clothing market. Suhail Suleman, emerging markets co-portfolio manager at Coronation explains that the potential for getting in the next Mr Price at ground level is one of the motivations...
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Coronation still wears top management crown
20 July 2013 - Laura du PreezCoronation claimed the title of the top manager of domestic funds in this quarter's PlexCrown survey - the third time in a row that it has been ranked number one.Sixteen managers of collective investments qualified for an overall rating based on the risk-adjustment performance of most of their funds for periods of up to five years to June 30...
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Coronation named Equities and Balanced Fund Manager of the Year at POA awards ceremony
01 July 2013 - Coronation InsightsCoronation Fund Managers was once again honoured at the annual Imbasa Yegolide Awards for Professional Excellence, hosted by the Principal Officers Association on 10 June 2013. For the fourth consecutive year, Coronation received the award for Equities Manager of the Year, and was also voted Balanced Manager of the Year. Kirshni Totaram, Head of Institutional Business at Coronation...
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Tilting at the windmills
01 July 2013 - Peter TownshendIt has been almost five years since we launched our Africa funds. During that time we have learnt many lessons, one of the most important being the relevance of good corporate governance. It is not that we didn’t appreciate this aspect before, but in South Africa and most other developed markets, the bar is set fairly high and we tend to take it for granted that companies will...
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Emerging markets
01 July 2013 - Kyle WalesNo group of companies plays to India’s strengths and circumvents its weaknesses like its Information Technology (IT) services providers. India has an ever-expanding pool of English-speaking graduates which provides the staff that the IT services industry needs at reasonable salary levels, while the nature of its outputs is such that they can be transmitted electronically or via a...
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Spar
01 July 2013 - Nic SteinBonds continued to sell off during June, resulting in negative returns both for the month and for the quarter as a whole. The All Bond Index (ALBI) lost 1.5% in June and 2.3% over the quarter, while inflation-linked bonds (ILBs) were more negatively affected because of their high duration and lost 5.5% in June and 4.9% for the second quarter of 2013. Cash returned 0.4% in June and 1.3%...