WATCH: Stock picks — Nepi Rockcastle and Partners Group
Alex Duys from Umthombo Wealth and Jean Pierre Verster from Protea Capital Management talk to Business Day TV
Alex Duys from Umthombo Wealth chose Nepi Rockcastle and Jean Pierre Verster from Protea Capital Management chose Partners Group.
Duys said: “I’m going to go for Nepi Rockcastle, now this is a business that I never really liked to be quite frank, but I think the valuation is pulled back to such a level now and, if you look at the balance sheet of the business, I still think that the debt levels are under control, they have enough liquidity.”
Verster said: “I’m going for an offshore listed company that is listed in Switzerland called Partners Group. It’s an asset manager that focuses on private markets, so an alternative asset manager.”
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