Mohamed Ismail, Mergence Head of Fixed Income, provided some comment in the Asset Managers feature in the respected Financial Mail Investors Monthly. Given the inflation risk and the fact that markets are not discounting the possibility that short-term interest rates have room to climb, Ismail believes a bearish stance on SA bonds is bullish.
Despite some market ‘overexcitement’ about AI, Naspers is bullish about making more bets
The latest Naspers/Prosus financial results show a jump in profitability across the group’s ecommerce portfolio and Tencent growth acceleration. Commenting