SA investors bring their money back home
South Africans are dumping their Sereit stock despite the company’s share price gains
18 June 2019 - 19:39
JSE-listed Schroder European Real Estate Investment Trust (Sereit), a property group which invests in large Western European cities, is losing favour with South Africans who are putting money back into local stocks after a torrid 2018.
When it listed in December 2015, as many as half of the company’s investors were South African, but now that proportion sits at 10%, fund manager Jeff O'Dwyer said...
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