We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Just days after local fund managers called out Naspers for its proposed share swap, global asset manager Schroders has encouraged SA investors to look offshore for returns that carry less concentration risk, whereby one or few stocks comprise a large proportion of a portfolio. 

The technology investor has responded to a pushback by 36 asset managers of its plan to narrow the long-standing gap between its market value and the sum of its parts. The asset managers had cited the transaction’s complexity and incentives for the company’s management. Naspers said it had done much work to educate shareholders as a way to address the complexity, while assuring investors that management’s incentives would continue to be aligned with Naspers’s performance. ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.