Denker Capital stocks up on SA Inc

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

South Africa News News

The asset manager reduces the offshore stock holdings of flagship equity fund as it says local equities offer better value

Denker Capital, the firm spun out of Sanlam in 2015, is trimming the international stock holdings of its flagship equity fund aimed at local investors and reallocating a portion of the capital to shares in well-managed SA companies it believes have competitive advantages.

The Cape Town-based firm, which has about R5.5bn in assets under management, began reducing the offshore holdings in its Denker SCI Equity Fund about 12 months ago at the height of the Covid-19 pandemic when the valuation disparity between local and international stocks widened significantly, said Claude van Cuyck, a portfolio manager and cofounder at Denker...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The best choice I've made this year was investing in cryptocurrency and forex trading and earning from home. With the help of KevinKatch2 I've been earning ZAR70,353.00k weekly I've never regretted this decision fellow RSA, 🙏🏻

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines