Absa Group Board Appoints Sello Moloko As Chairman-Designate
Absa Group Board Appoints Sello Moloko As Chairman-Designate
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Absa Group Board Appoints Sello Moloko As Chairman-Designate
Absa Group Board Appoints Sello Moloko As Chairman-Designate
The ten-year bull run in international equities combined with the poor performance of the JSE over the last five years has resulted in a growing interest among South African investors in offshore investing. This is putting pressure on local fund managers to provide international investment skills to their clients – which is no small ask considering there are 3,530 stocks listed in the US alone – before one counts Europe and Asia – relative to the 350 listed on the JSE. In the face of this trend local fund managers, big and small, have adopted different strategies. Some, like Absa, Nedgr...
Prudential CEO Bernard Fick joined the BizNews Power Hour, speaking about changes to one of the country’s largest investment managers.