Press Releases
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Coronation is Emerging Market Equity Manager of the Year
01 December 2014 - Coronation InsightsCoronation Fund Managers was named Emerging Market Equity Manager of the Year at the inaugural Professional Pensions InvestmentAwards 2014 held in London on 28 November. Celebrating excellence among the asset managers who serve UK occupational pension schemes, the awards shortlist was drawn up in association with Aon Hewitt, a leading global investment consultancy. Shortlisted managers were...
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Top Companies 2014
01 June 2014 - Coronation InsightsCoronation Fund Managers is the Financial Mail's Top Company for the second year in succession. This is quite a feat - in the history of Top Companies, there has never been a back-to-back winner...
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Another strong set of results for Coronation
20 May 2014 - Coronation InsightsAssets under management of R547 billion. Diluted headline earnings per share of 275.4 cents. Interim dividend per share of 275 cents. JSE-listed asset manager Coronation Fund Managers (Coronation) today reported another strong set of results for the six months to 31 March 2014, benefiting from the continued strength in equity markets and strong inflows. The business stated that continued good...
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International Outlook
01 May 2014 - Tony GibsonNot surprisingly, given the outsized returns experienced in 2013, the first quarter of 2014 was a lot more volatile than at any time over the past year or two. In the end, however, equity markets were essentially directionless over the full quarter. The causes of the elevated volatility can be attributed to a number of confidence-sapping events, namely:unsettling geopolitical developments in...
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Political theatre – Egyptian style
20 January 2014 - Peter LegerThe many years of Mubarak rule will not be remembered for its economic reform and societal development; the words ‘cronyism’ and ‘selective repression’ would spring to mind long before. Yet as stagnant as the economy was pre-revolution, the subsequent vacuum and power interplay has stalled the economy. Egypt has been witnessing an exercise in leadership abdication with the military arm-wrestling...
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Outstanding results from Coronation Fund Managers
12 November 2013 - Coronation Insights- Assets under management of R492 billion, up 45% - Diluted headline earnings per share of 416 cents, up 110% - Total dividend per share of 416 cents Leading independent asset manager Coronation Fund Managers (Coronation) today reported an outstanding set of results for the year to 30 September 2013, as it celebrates its 20th year in business. The continuation of...
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Emerging markets May 2013
01 April 2013 - Suhail SulemanIn 2012 emerging markets returned close to 19%, after a torrid 2011. Within emerging markets, however, most consumer businesses returned far in excess of the benchmark, particularly those with very dominant positions in their home markets. In the six years that Coronation has been researching and valuing emerging market companies, we have compiled a shortlist of what we believe to...