Press Releases
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Sustainable income in retirement-2012
01 October 2012 - Pieter KoekemoerOne of the toughest financial planning tradeoffs is ensuring that retirees’ post-retirement income is sustainable over the full period of retirement, without compromising more than is necessary on living standards in the first half. A task that is further complicated by the prevailing expected low-return environment – local interest rates are at their lowest in 40 years and local...
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Pão de Açúcar (CBD) -2012
01 October 2012 - David CookCBD is the largest retailer in Brazil (and second largest online retailer). It consists of the largest food retailer (75% of our valuation) and the largest electronics and home merchandise retailer (25% of our valuation). CBD’s chairman, Albilio Diniz, is a remarkable individual. At 74 he doesn’t leave the office before 19:00, he works out three hours a day, is regarded as a master...
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Equity market update - 2012
01 October 2012 - Quinton IvanEquity market update By Quinton Ivan, head of equity research October 2012 There is a sense of déjà vu as the economic and financial outlook continues to be clouded by the eurozone crisis, faltering economic recovery in the US and fears of a hard landing in China. Notwithstanding these lingering concerns, financial markets climbed higher, with the MSCI World and Emerging Market...
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Coronation communicates trust through iconic South African story
26 July 2012 - Coronation Insights6 July 2012 Coronation communicates trust through iconic South African story Coronation Fund Managers’ new television commercial, based on the remarkable true South African story of conservationist Lawrence Anthony as captured in his bestseller ‘The Elephant Whisperer’ will launch during the opening ceremony of the London 2012 Olympics tomorrow evening. The commercial can also be...
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Coronation receives accolades at POA awards ceremony
20 July 2012 - Coronation InsightsCoronation Fund Managers was honoured with a total of four awards at the annual Imbasa Yegolide Awards ceremony, hosted by the Principal Officers’ Association on Monday, 11 June. The awards are aimed at rewarding professional excellence by recognising service providers who have delivered excellent service to the South African retirement fund industry. Coronation was voted Equities...
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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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Naspers :The investment case
30 January 2012 - Adrian ZetlerNaspers The investment case By Adrian Zetler, equity analyst June 2012 Naspers is a share that has formed an integral part of our client portfolios for 10 years now and has contributed significantly to the outperformance of our funds during this time. After such a strong run, one might be tempted to lock in some of this outperformance, but we continue to believe that Naspers is a company...
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Good news for SA shareholders
30 October 2011 - Coronation InsightsJohannesburg – The proposal to adjust the listing status of companies with inward listings on the JSE could result in more South African shareholders for the British property company Capital & Counties (CapCo). Last week, in his medium-term budget framework, Finance Minister Pravin Gordhan announced that all inwardly listed shares on the JSE are to be classified as local stocks...