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Leading South African alternative asset manager Westbrooke Alternative Asset Management has today announced the successful closing of the most recent capital raise for its UK-secured private debt fund, Westbrooke Yield Plus, which raised GBP15 million (approximately R400 million) during the last quarter.
In 1978, a time of globally high inflation, an American economics professor Alfred Kahn annoyed his boss by noting that a failure to get inflation under control would lead to a deep depression.
The debate around whether asset managers and corporates more generally, should explicitly take “social issues” into account in terms of their investment decision-making, is not without its controversy.
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
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