The great misallocation
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Allan Gray Unit Trust Management

  Allan Gray Unit Trust Management   Q1 of 2023 | 3 years ago

It has been almost exactly one year since we wrote about the sale of a digital yacht in the metaverse for US$650 000 worth of cryptocurrency. It was an amusing anecdote that captured the essence of the Everything Bubble in late 2021, but those days are long gone. Today’s memorable crypto anecdotes are more likely to involve bankruptcy or fraud.


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Did You Know ?

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As of 2023, the ownership of M&G Investments (prev. Prudential) is as follows:M&G Pls=50.12%; Staff=28.08%; Thesele Group=21.8% .

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Disclaimer
Our unit trusts prices captured in and around the end of each month and are rounded off to the nearest full 1 cent.