JSE mulls adding fledgling companies to all property index
06 November 2024 - 05:00
The JSE is contemplating an expansion of its all property index after criticism of the methodology from several portfolio managers in the property sector.
Spear, Octodec, and Dipula do not meet the index’s criteria due to liquidity issues or being too small, meaning fund managers are not required to invest in or focus on these stocks. However, if these companies are added to the index, fund managers would need to track them and potentially take positions in them...
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