Dividends, more valuable than ever during recessions.
Marriott Asset Management
Q4 of 2023 | 8 months ago
The first eight months of the year have seen the continuation of the most aggressive and synchronised central bank hiking cycle in half a century. The US Federal Reserve rate was recently increased to 5.50% - its highest rate in over two decades - and many other central banks, including the European Central Bank and the Bank of England, have also moved interest rates firmly into restrictive territory. When viewed in conjunction with elevated services inflation, which has proved stickier than many initially envisaged, a challenging economic environment appears certain to continue as we move towards the end of 2023
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).
In 2021, Prudential Investment Managers name ceased to exit after renaming to its major shareholder M & G Inc , renamed to M & G Investments.
The first preference share ETF , Grindrod PrefTrax ETF listed on the JSE in 2012.
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).
Dividends, more valuable than ever during recessions.
Marriott Asset Management
Q4 of 2023 | 8 months ago
The first eight months of the year have seen the continuation of the most aggressive and synchronised central bank hiking cycle in half a century. The US Federal Reserve rate was recently increased to 5.50% - its highest rate in over two decades - and many other central banks, including the European Central Bank and the Bank of England, have also moved interest rates firmly into restrictive territory. When viewed in conjunction with elevated services inflation, which has proved stickier than many initially envisaged, a challenging economic environment appears certain to continue as we move towards the end of 2023
