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WATCH: What’s happening at Coronation?
22 November 2017 - 13:36
Coronation Fund Managers has reported a 3% dip in both revenue and net profit for the year to end-September as clients took money out of its pension and retail funds. This has resulted in the average value of its assets under management falling 3.5%. While diluted headline earnings per share (HEPS) dipped 2%. Coronation has declared a final dividend of R2.17, which brings the total for the year to R4.37 — slightly lower than last year’s payout. Coronation Fund Managers CEO Anton Pillay talks to Business Day TV about the company’s full-year results. OR LISTEN TO THE AUDIO:
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