Sygnia: Big moves for bright lights
Peter Armitage and Magda Wierzycka both had humble beginnings, writes Anthony Clark
30 April 2021 - 08:00
Two charismatic figures in the JSE’s asset management hub have quietly shifted into the shadows in recent months.
In early February, midsize asset manager Anchor Group, founded and run by equity analyst and fund manager Peter Armitage, completed its sudden delisting from the JSE. This brought an end to a seven-year JSE listing. Anchor, feeling unloved by the market and with a lowly valuation, came to see the listing as nothing but a costly distraction and decided to become a private entity...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.