STEPHEN CRANSTON: Sygnia in a sweet spot
Sygnia is in a sweet spot in which it has gained scale in its core multimanager and Itrix index-tracking businesses
25 June 2020 - 06:00
A large number of financial firms, including Old Mutual and Liberty, have announced 20% falls in earnings, and the banks are expected to show even worse numbers. So the doubling of Sygnia’s interim earnings to March looks extraordinary in this climate.
But Sygnia is in a sweet spot in which it has gained scale in its core multimanager and Itrix index-tracking businesses...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
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.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.