“PAC Asset”, a subsidiary of PanAfrican Capital Holdings, has been making giant strides in the financial sector.PAC Asset won the award as its Equity fund had performed excellently in 2020. The award, organised by the United Kingdom-based Global Banking & Finance Review magazine recognises the growth and performance of PAC Asset’s Equity Fund.
This performance is mainly attributable to the excellent team of PAC Asset Management from the Fund Manager all the way up to the directors. It is also worthy of note that proper analysis and research was done with the help of the research team. This helped to make tactical and strategic allocations as well as taking the right position in the market.We will continue to implement our investment strategy and fine tune as market conditions dictate.
From recent experience, we have seen that technology and communication tools are two critical enablers of remote work. We continue to invest in these tools to ensure that we are never again caught off guard, we weren’t in the first instance. Our Business Continuity protocol is constantly being reviewed to ensure that our responses are up to date at anytime and we facilitate continuously improve on technology appreciate for our people.
What level of impact do you think the Securities & Exchange Commission ’s recent regulation on foreign securities will have in the local market?