The magnificent middle
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Allan Gray Unit Trust Management

  Allan Gray Unit Trust Management   Q2 of 2024 | 3 years ago

A mere seven stocks have accounted for nearly all of the gains in global equity markets this year. Strip out the so-called “magnificent seven”—Alphabet, Amazon, Apple, Meta, Microsoft, NVIDIA and Tesla—and the rest of the US stockmarket has been slightly negative. Times like these can be frustrating for those underweight the big winners, and it is all the more painful when those winners seem “obvious”—sitting right there in plain sight.


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Did You Know ?

Sygnia traces its roots when the asset manager African Harvest buys IQvest of Madga Wierzycka.

The resultant of merger of Plexus and Grant Thornton was the establishment of the current manager Plexus Wealth.

Asset manager Sygnia is a product of a management buyout in a larger transaction that was involving Cadiz buying African Harvest Fund Managers.

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Disclaimer
Please note that unit trusts investmets are generally classified as long-term investment products not suitable for trading and speculation.