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| Where I Am? | Viewer ==> Anchor Credo Update | |||||||||||||
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| By Staff Writer | Q2 of 2024 | 2 years ago |
It was announced in late 4th quarter of last year (2023) that there are talks of merge of Anchor Group , the wholly owner of Anchor Capital , with a UK-based wealth and asset management company Credo, the transaction is touted to make a north of R230 Billion asset management and the entities will adapt a new name CACM Investement.
The good news for the involved parties is that the institution which is task to scrutinise transaction like this for monopolistic conflicts, Competion Commision , has given the merge the thumbs up to proceed.
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Ninety One Fund Managers derived their name from the year it was founded, 1991, initially called Investec Asset Management.Asset manager Coronation was the first introducer of absolute unit trusts funds in our local industry in 1999.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). |
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| Disclaimer |
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| Our unit trusts prices captured in and around the end of each month and are rounded off to the nearest full 1 cent. |