Value matters: Steering a course through uncertain markets
Allan Gray Unit Trust Management
Q1 of 2023 | 1 year ago
We often say that investment returns — both absolute and relative — do not come in a straight line. The unwinding of the “Everything Bubble” is proving to be an excellent real-time case study. The bubble has started to burst, but as we noted in last month’s commentary, we are a long way from completing the post-bubble deflation process that has been typical historically.
Conglomate Old Mutual acquired asset manager Marriott in 2005.
Asset manager Coronation saw a need for a shariah-complient leaning asset managemnt and in 2002, founded a standalone manager Kagiso AM (now Camissa AM).
Ninety One Fund Managers derived their name from the year it was founded, 1991, initially called Investec Asset Management.
Prudential Fund Managers was founded in Cape Town in 1994 by Graham Mason, who is its chairman now as of 2023.
Value matters: Steering a course through uncertain markets
Allan Gray Unit Trust Management
Q1 of 2023 | 1 year ago
We often say that investment returns — both absolute and relative — do not come in a straight line. The unwinding of the “Everything Bubble” is proving to be an excellent real-time case study. The bubble has started to burst, but as we noted in last month’s commentary, we are a long way from completing the post-bubble deflation process that has been typical historically.
