Morningstar announces 2021 SA Fund Award winners – Moneyweb
Absa, Satrix and Kagiso Asset Management lead the pack. Independent investment research company Morningstar Research South Africa, a subsidiary of Morningstar, has named the winners of its 2021 South Africa Fund Awards. Absa won two awards – for the Best Bond Fund as well as Best Cautious Allocation Fund. Satrix scooped Best Fund House: Larger […]
Standard Bank resumes dividends despite earnings decline – Daily Maverick
Standard Bank has reinstated its dividend despite a sharp fall in full-year profit as Covid-19 placed strain on its customers, resulting in significantly higher credit impairments. Article by Stephen Gunnion with comment from Meyrick Barker – investment analyst at Kagiso Asset Management.
Did Sasol sell its potential for growth? – The Sunday Times
Sasol, which flirted with disaster in March last year when its share price went into free-fall amid a global oil price collapse and concerns about spiralling debt, is back in calmer waters. Article by Nick Wilson with comment from Abdul Davids – portfolio manager at Kagiso Asset Management.
Spur holds on to its cash to ride out any third wave – The Sunday Times
Spur Corporation is battening down the hatches for a potentially volatile next six months amid the spectre of a third wave of infections. Article by Nick Wilson with comment from Dirk van Vlaanderen – portfolio manager at Kagiso Asset Management.
Sibanye says AngloGold, Gold Fields fit acquisition strategy – Daily Maverick
Sibanye Stillwater Ltd. said Johannesburg-based gold miners AngloGold Ashanti Ltd. and Gold Fields Ltd. would both fit with the company’s acquisition strategy. Article prepared by Bloomberg with commentary from Mandi Dungwa – portfolio manager at Kagiso Asset Management.
Morningstar names finalists for 2021 SA Fund Awards – Moneyweb
Morningstar has announced the finalists in the 2021 South Africa Fund Awards. The awards ceremony is usually held in February or March, but there will be no live event this year due to Covid-19. As in the past, the awards are limited to just seven fund categories, based on risk-adjusted performance. There are also two […]
