A new alliance to offer investors more choice
Ashburton and FNB Wealth have struck a deal with Morgan Stanley to bring global investment solutions to the South African market
26 September 2024 - 08:00
Unit trust managers have taken quite different approaches to their global investments.
There is a camp — (usually) from Cape Town — that believes it can do investments better. PSG Asset Management has run its PSG Global Equity Fund highly successfully from bucolic Constantia, which isn’t even a fund management hub of the Western Cape, let alone the world. Coronation Fund Managers manages most of its international assets from (somewhat busier) Claremont, though at least it has a listening post off Piccadilly Circus in London to sharpen its intelligence. ..
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