The great misallocation
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        The great misallocation

  Allan Gray Unit Trust Management   Q1 of 2023 | 2 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 ?

Asset manager Coronation was the first introducer of absolute unit trusts funds in our local industry in 1999.

The first preference share ETF , Grindrod PrefTrax ETF listed on the JSE in 2012.

Ninety One Fund Managers derived their name from the year it was founded, 1991, initially called Investec Asset Management.

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Disclaimer
All the information presented in this website is generally geared towards educational content , so it does not constitute a personal investment advice.