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The rand was weaker against major currencies in late afternoon trade yesterday as it continued to correct after its rally in recent weeks.
Despite some positive corporate news, oil price concerns remained very much to the fore last week, with the market continuing to trade in narrow range, before reacting positively to better than expected US jobs data at the end of the week.
In part two Stephanie Cao, head of investments at the London branch of Nedcor Retail Investments (NRI), looks at the Asian hedge fund industry.
Local equities ended the week on a disappointing note, dropping 0.4%, with the largest losses being recorded in the platinum and construction sectors.
How is your business leveraging the efficiencies and scale offered by technology without diluting your human edge?