Poor capital allocation and the green economy unseat the PGMs - TopFunds
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        Poor capital allocation and the green economy unseat the PGMs

  Coronation Management Company   Q2 of 2024 | 2 months ago

At the bottom of the platinum group metal (PGM) cycle in 2018 we held overweight positions across our client portfolios in both the direct equities as well as through Anglo American and its PGM subsidiary, Amplats. Strong demand growth finally whittled away the surplus above ground inventories, which increased prices by more than 400% in the following years. This appreciation was even more pronounced in the individual equities, with Impala Platinum’s trough-to-peak up 18 times.


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5-Year Manco Review: Coronation

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Did You Know ?
Stanlib was formed after merger of Standard Bank and Liberty Life asset management businesses.
In 22003, asset manager Coronation listed on the JSE stock exchange.
While being founded in 1993, only in 1996 that Coronation FM entered the unit trusts industry
Mohamed Shaheen Ebrahim was instrumental in the establishemnt of asset maager Oasis Crescent Manco.

©2012-2024 NGCSOFT

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        Poor capital allocation and the green economy unseat the PGMs

  Coronation Management Company   Q2 of 2024 | 2 months ago

At the bottom of the platinum group metal (PGM) cycle in 2018 we held overweight positions across our client portfolios in both the direct equities as well as through Anglo American and its PGM subsidiary, Amplats. Strong demand growth finally whittled away the surplus above ground inventories, which increased prices by more than 400% in the following years. This appreciation was even more pronounced in the individual equities, with Impala Platinum’s trough-to-peak up 18 times.


More Unit Trusts News
5-Year Manco Review: Coronation

5-Year Manco Review: Allan Gray

5 year Manco Review Series Intro

Resurfacing of Retention Funds

Anchor Credo Update

Apex Group Acquires BCI and BIP

More Manco Views
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©2012-2024 NGCSOFT