PIC looks to more unlisted assets amid flight from JSE
Increasing investments in unlisted companies to circumvent potential losses
04 October 2023 - 05:00
The Public Investment Corporation (PIC) is circumventing the negative impact that the wave of JSE delistings has had on its books by increasing its investment in unlisted companies, chief investment officer Kabelo Rikhotso says.
More than 20 companies were delisted in 2022 for reasons that included mergers & acquisitions, especially among small and medium caps...
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