ANALYSE THIS: Old Mutual Global Emerging Markets' Siboniso Nxumalo
We analyse Siboniso Nxumalo, co-head of Old Mutual Global Emerging Markets boutique. If someone came to you tomorrow with R100m to invest in just one company, which would it be? I would invest it in a fund rather than a share. The Old Mutual Emerging Markets Fund to be exact! It’s a fund that is managed by a very capable team that travels to emerging markets identifying some of the best companies in emerging markets on behalf of our clients. Which talent would you most like to possess? Dancing — just to make my wife happy. Other than that, I think I have enough talents to get by. What was your first job? My grandmother owned a shebeen so technically my first (unpaid) job was selling SAB products. My first paid job was ringing a bell outside a clothing shop shouting at people to go and view the sales. What’s your biggest regret? I’ve lived an amazing life and I’ve learnt to take the good with the bad so no regrets — plenty of lessons, scars and reflection on a great journey. What was...
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