Anchor goes against the tide by steering clear of local equities
Offshore and fixed-income business help asset manager report record inflows
13 August 2020 - 08:42
UPDATED 13 August 2020 - 18:57
Specialised asset manager Anchor Group, founded by CEO Peter Armitage, has bucked the trend, reporting record new inflows for the first half of its financial year, offsetting poor equity market conditions during the Covid-19 pandemic.
Armitage said in an interview that while the economic environment has been tough, other asset classes such as fixed income and offshore equities remained attractive during the period...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.