Stanlib fund targets cash-flush corporate treasuries seeking high yields
Fund for investors seeking returns higher than those of money market funds but with a conservative investment mandate and high liquidity
Asset management firm Stanlib will on Wednesday launch a new fund targeting corporate treasuries sitting on piles of cash and in search of higher yield.
The Stanlib Corporate Enhanced Yield Fund will be headed by Eulali Gouws and Ansie van Rensburg, part of the asset manager’s fixed-income investment team, led by Victor Mphaphuli...
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