Press Releases
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Coronation named Morningstar Best Large Fund House for second consecutive year
14 March 2012 - Coronation InsightsCoronation named Morningstar Best Large Fund House for second consecutive year 14 March 2012 Coronation Fund Managers was again named Best Fund House – Large Range at the 2012 Morningstar South Africa Fund Awards ceremony held in Cape Town. This is the second consecutive year in which the company has received this prestigious accolade. The Morningstar awards recognise retail funds and...
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International Outlook - When will the trendless volatility end?
01 January 2012 - Tony GibsonAs 2011 drew to a close it certainly felt as if the trend for the year was a pretty dire bear market; such was the ongoing arrival of negative news – especially out of Europe. In reality, the outcome for 2011 – from an equity index point of view – was fairly benign, with equity markets in aggregate falling by a relatively small amount for the year. Unfortunately, the most noticeable upward trend...
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Macro fatigue anyone?
01 January 2012 - Karl LeinbergerThe global economic outlook is clearly pretty grim. Most developed economies face the prospect of a prolonged period of stagnation. We also think the risk of inflation is high. If we are right (sometimes in life you pray you are wrong!), then we all face the daunting prospect of allocating capital in a stagflationary environment. The crisis in Europe is very much an ‘after-shock’ from the 2008...
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Coronation delivers excellent results in volatile times
08 January 2011 - Coronation InsightsCoronation delivers excellent results in volatile times - Assets under management of R247 billion, up 21% - Diluted headline earnings per share of 176 cents, up 38% - Total dividend per share of 172 cents, up 35% JSE-listed, independent asset manager Coronation Fund Managers (“Coronation”) today reported another set of excellent results for the year to 30 September 2011 despite extreme...