Auditing firm KPMG has blamed the loss of lucrative government contracts for its decision to let go of 400 of its staff as KPMG International ramped up its scrutiny of the local office’s work. KPMG South Africa chief executive Nhlamulo Dlomu said Auditor-General Kimi Makwetu’s decision to sever ties with the controversy-prone firm left some of its [...]
The Raging Bull Awards ceremony held on the 31 January 2018 was a prestigious event. Aeon Investment Management was awarded two Raging Bull Certificates for the Aeon Balanced Prescient Fund for Top Performance in the following categories: Best South African Multi-Asset Medium Equity Fund Best South African Multi-Asset Medium Equity Fund on a risk-adjusted basis The [...]
Liberty announced a change in it's top management. Old Mutual announced a new appointment to their senior management. In this article, Ann Crotty briefly informs you on the changes and why they are noteworthy in a South African context. Asief Mohamed, Chief Investment Officer at Aeon Investment Management, provides comment on the appointment of Casper Troskie [...]
The Aeon Smart Multi-Factor Equity Fund was included the Top 20 Unit Trust List for 2017 in this Moneyweb.co.za article. Article -South African investors enjoyed a much better year in 2017 than they have for a while. The strong performance of the JSE in the third and fourth quarters meant that by far the majority [...]
The market focus in ANC’s elective conference has shifted to policy positions to be adopted by the party after the rand went gung-ho in the lead up to and after the victory of Cyril Ramaphosa as the ruling party’s president. The local currency raced to R12.60 against the dollar after the top six officials were [...]
This article by Ann Crotty on the Woolworths Annual General Meeting is worth a read. Including the comments by Aeon Investment Management. Woolworths chairman Simon Susman told shareholders at Tuesday’s annual general meeting that the board was confident of the group’s Australian strategy. "We believe in the strategy and we believe in Ian [Moir, the [...]
Asief Mohamed, Chief Investment Officer at Aeon Investment Management, was asked to comment by journalist Kabelo Khumalo on the banking license Discovery was recently granted by the Registrar of Banks. Discovery inched a step closer to running a fully fledged retail bank on Monday after the Registrar of Banks granted the group a banking licence. [...]
Aeon Investment Management as a shareholder in PPC was highly interested in the offers by three potential buyers in the cement maker company. The outlook presented to the shareholders by PPC management on its improved liquidity was a welcome announcement. This article by Karl Gernetzky is worth a look. Cement maker PPC presented its outlook to [...]
Business is all about making decisions that propel the venture into the future. In this article, we have a read about the possible PPC merger deal with AfriSam. Cement maker PPC is hoping to have a new merger proposal from AfriSam by the beginning of September, with the latest termination of merger talks sending PPC’s [...]
