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...

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.