Asset managers struggle to keep an even keel
Tempestuous markets have been hard on South Africa’s asset managers this year. While they’re seriously cheap now, much hinges on what happens in the US
17 November 2022 - 05:00
It’s a tempest out there on world markets.
Despite last week’s dizzying rally, the outlook remains unpredictable and the clouds of recession and inflation linger. The turbulence is especially acute for companies making their money off the markets — like asset managers...
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