Ninety One CEO Hendrik du Toit says it's sticking to its active-management guns as it eyes an eventual turnaround in global risk appetite.
Active asset manager, Ninety One, which was spun out of Investec in 2020, is hopeful that a combination of the ANC and smaller parties will provide SA with a much-needed alleviation of the massive risk premium placed on the country. SA's largest wealth manager also says it has no intention of changing tack on its active-management approach as it eyes an eventual turnaround in an investment cycle that has battered riskier assets globally.
Founder and CEO Hendrik du Toit told News24 SA could be well-placed for significant investment inflows once developed market interest rates start to fall, should the next government open up and position itself as one of"reconstruction."South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.
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