United States - Institutional
Press Releases
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Conditions challenging but Coronation’s long-term investment returns remain strong
20 November 2018Assets under management of R587 million Diluted headline earnings per share of 420.7 cents Final dividend per share of 420.0 cents Cape Town, 20 November 2018 - Valuation-driven, long-term asset manager Coronation Fund Managers today announced its annual results for the year ended 30 September 2018.
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Coronation sees robust revenue growth in tough market environment
22 May 2018 - Coronation InsightsAssets under management (AUM) of R588 billion Diluted headline earnings per share of 223.4 cents Interim dividend per share of 223.0 cents Cape Town, 22 May 2018 – Leading independent long-term asset manager Coronation today announced interim results for the six months to 31 March 2018. Anton Pillay, Coronation CEO, commented: “Our results are in line with management expectations. Amidst tough market conditions, we delivered robust revenue growth of 7.4% to R2.1 billion. Our variable cost model continued to contribute to the effective management of total costs and, once again, we declared an interim dividend that reflects 100% of diluted headline earnings per share.”
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Coronation delivers credible results for the year
21 November 2017 - Coronation InsightsAssets under management (AuM) of R614 billion Diluted headline earnings per share 437.5 cents Total dividend per share of 437.0 cents Cape Town, 21 November 2017 – Leading independent long-term asset manager Coronation Fund Managers (Coronation) today announced annual results for the 12 months to 30 September 2017. Anton Pillay, Coronation CEO, commented: “We delivered...
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Coronation once again scoops Best Africa Fund Manager award
20 September 2017 - Coronation InsightsThis award was judged on an independent basis by a third party, without Coronation having had any input into the selection criteria or the judges’ decisions. The criteria used by the third-party is available upon request. For the second consecutive year Coronation Fund Managers was recognised as Best Africa Fund Manager at the prestigious annual Ai Capital Market Index...
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Coronation delivers solid set of results
23 May 2017 Coronation InsightsAssets under management of R576 billionDiluted headline earnings per share 220.7 centsInterim dividend per share of 220.0 centsJohannesburg, 23 May 2017 – Leading independent long-term asset manager Coronation Fund Managers (Coronation) today announced interim results for the six months to 31 March 2017.As a cyclical business, Coronation’s revenue stream is highly geared to both the returns of
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Coronation re-opens strategies to new institutional investors
08 March 2017 Coronation InsightsCoronation Fund Managers today announced the re-opening of its institutional strategies to new clients. The strategies have been closed for the past five years.“Our South African specialist Equity, Balanced and Absolute Return products were closed in 2012 as a pre-emptive step to protect our ability to deliver on long-term performance objectives for our existing clients. It was an important move
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Coronation focused on creating long-term value
15 November 2016 - Coronation InsightsFinancial highlights:- Revenue of R4.0 billion (-9%)- Diluted headline earnings per share of 447.6 cents (-13.3%)- Total dividend per share of 447 cents- Assets under management of R599 billion (-1.8%)Anton Pillay, Chief Executive Officer of Coronation Fund Managers, commented:“The past year’s results are in line with management’s expectations. Amid heightened levels of volatility, our client...