Foreign investors looking but not biting due to lack of structural reform
Investor interest on the upside this year compared to gloomy four years ago, Bank of America says of its annual investment conference in SA
30 March 2021 - 19:40
International fund managers are showing unprecedented interest in investing in local companies, largely on account of their extremely cheap valuations, but remain hesitant due to lack of structural reform.
The local investment banking arm of America’s second-largest bank by assets traditionally hosts an annual investment conference at Sun City that is attended by local and foreign fund managers and the management teams of SA listed companies...
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