Black-owned asset managers struggle to find financing

PUBLISHED: Wed, 12 Sep 2018 15:40:44 GMT
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Just under 10 per cent of the R5 trillion managed by private sector asset managers is managed by majority black-owned asset managers, according to the 10th annual ‘BEE.conomics – Transformation in South Africa Asset Management’ survey published by 27four Investment Managers. CNBC Africa is joined by Akona Mlamleli, Head of Transformation at 27four Investment Managers.

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