Foord Asset Management is taking a somewhat contrarian view of investing in US equity markets — and still sees pockets of value outside the big tech counters.

However, the Cape Town-based fund manager, which oversees about R120bn in assets, is decidedly less sanguine about long-term prospects for the rand, despite the currency’s recent dip below the R14/$ mark...

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