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Two of asset manager Ninety One's key fixed-income portfolio managers say that while the South Africa Reserve Bank (SARB) is probably at the top of its rate-hiking cycle, it may...
The outlook for the South African economy may be dire, but the same is not true for its financial markets, asset managers say.
While record levels of load shedding and weaker growth are weighing on sentiment, SA assets are offering value, says Ninety One portfolio manager Malcolm Charles.
The common perception among investors that SA is in trouble and it's time to cash in and go is wrong, says Ninety One, the company spun out of Investec. Reality shows a very different picture, said Malcolm Charles and Morkel Kincaid, addressing an audience of NFB clients in East London recently on behlaf of Ninety One.
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