2022 Reviewed
Annual Results
FOR THE YEAR ENDED 30 SEPTEMBER 2022
22 November 2022
Anton Pillay, CEO
Mary-Anne Musekiwa, CFO
Agenda
Economic & market overview Business update
Financial update Questions Annexure
Economic & market overview
A polycrisis is driving volatility & uncertainty
GEOPOLITICS & INFLATION RESPONSE HAMPER POST-PANDEMIC RECOVERY
Local asset | |||
management industry | SA economy - low | ||
facing sluggish SA | levels of investment | ||
economy, shrinking | & growth, SOEs, | ||
savings pool & | unemployment | ||
impact of Reg 28 | Global economies | ||
impacted by war, | |||
energy crisis in | |||
Europe, Chinese | |||
policy & growth, | |||
Covid-19, | |||
polarisation | |||
Global equity | |||
markets sharply | |||
down - asset class | |||
correlation |
Geopolitical tensions,
inflation & interest rates, recessionary pressures
Globally, active asset managers challenged by: flows, asset valuations, tighter regulation
4
Business update
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Coronation Fund Managers Limited published this content on 22 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 November 2022 06:45:02 UTC.