Tag: john morris
Dash from cash: bond & stock bulls - that's according to the latest survey by Bank of America Merrill Lynch, on how South African fund managers are viewing the markets. To unpack the latest investment strategies by local fund managers, CNBC Africa spoke with John Morris, South Africa Strategist at Merrill Lynch.
About 57 per cent of fund managers believe South Africa’s equity market is undervalued, the highest since the 2008 financial crisis. That’s according to research from Bank of America. Most investors see more “buy” opportunities on the market than “sell” and to discuss where these are CNBC Africa spoke with John Morris, Senior Director and South Africa Investment Strategist for Bank of America.