Gaia to manage its investment portfolio in-house
The investment holding company will spend R18m in terminating its 2015 arrangement with an external management company
16 April 2020 - 09:44
Investment holding company Gaia Infrastructure Holdings has decided to bring the management of its portfolio, valued at about R500m, in-house, which will results in cost savings.
The group will spend R18m terminating its 2015 agreement with its external management company (manco), saying on Thursday that the move should better align the new management team's interests with those of shareholders...
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