Magda Wierzycka’s winning ways
Listed asset management companies are often seen as geared proxies to the performance of underlying economies and stock markets.
BUY: Sygnia Share price: R12.70 JSE code: SYG
Sygnia, founded in 1993, has become known as the market disruptor within domestic asset management. The company has a market capitalisation of R1.8bn. Sygnia’s original concept of offering low-cost passive and index-tracking funds, augmented by a slick technology platform, has seen it accumulate assets under management (AUM) of R218bn since its founding...