Asset manager flags ‘lacklustre’ foreign interest in SA assets
Old Mutual Investment Group says investors need to see state-owned enterprises doing better
25 September 2024 - 18:10
UPDATED 25 September 2024 - 23:09
Asset manager Old Mutual Investment Group (OMIG) says that despite the JSE reaching record highs after the general election in May, foreign investors are still taking a wait-and-see approach to local markets.
Jason Swartz, portfolio manager at OMIG, said that despite the recent rerating SA assets remained undervalued...
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