Tag: robert katz
Peregrine Holdings reported a 15 per cent increase its assets under management to R142 billion, while the group’s profit for the year slumped by 37 per cent to R328 million. The company has not declared a final dividend and expects markets volatility to last between 6 and 12 months. Peregrine Group CEO, Robert Katz joins CNBC Africa for more.
Peregrine was caught in the crossfire of the global economic slowdown for their financial year ended March 2019. The Financial services group reports a core operating revenue increase of 4 per cent to R1.5 billion and thanks to a strict cost control strategy, operating expenses were cut by 5 per cent. Robert Katz, Group CEO, Peregrine joins CNBC Africa for more.