Simple and steady does it for Coronation
The fund manager seems to in be the mature cash cow phase of its life cycle
27 June 2024 - 08:00
Coronation Fund Managers is a classic dividend play for investors. It pays out almost all its earnings.
CEO Anton Pillay says the business does not need capital. It has a very different strategy from rivals Ninety One and Allan Gray. It does not distribute third-party products as it doesn’t own a linked product service provider or “platform”...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.