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Fund managers from five leading South African asset managers expect returns from local equities to exceed 10% over the next 12 months, sys a report undertaken by the Sanlam Personal Portfolios Bull and Bear Report.
Old Mutual South Africa has terminated negotiations with Standard Bank of South Africa and The Bank of New York regarding the establishment of an SA-based joint venture investment administration company.
John Loos, senior economist at Absa, says that it is expected that the realignment of the major currencies of the world will continue to have a great bearing on the fortunes of the rand, with the local trade-weighted currency moving inversely to the direc
Hugh Peyman, fresh out of Shangai, and speaking at the Ashburton investors conference, says that the real drama for people living in the region wasn’t shared by global players.
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