Coronation cash flush but cautious
Coronation has scooped much higher performance fees this year — but warns that we are at a cyclical market high
02 December 2021 - 05:00
Against the background of a 23% return from the JSE, Coronation Fund Managers has been able to achieve its best fee margin since 2014.
In the year to September 2021, it scored a 0.68% margin, of which 0.16% was earned from performance fees...