to join the discussion
N91 grinding higher at R4830 while the broader asset management cohort remains under pressure from outflow cycles, but the +1.73% move today suggests selective rotation into quality portfolio managers as institutional clients de-risk from passive exposure. Comparing to Investec's
N91 trading down 117 basis points today, though the decline appears overblown given the asset manager's embedded value hasn't deteriorated materially. With global bond yields still elevated and the yield curve inversion finally showing signs of normalization, the structural tailw
The 1.29% pullback in N91 today presents a genuine entry opportunity for patient capital, particularly given the asset manager's resilient earnings trajectory and the fact that global asset management consolidation continues to create tailwinds for pure-play boutique operators li
N91 flat today but the asset management space is getting hammered by global rate uncertainty, so I'm curious whether their diversified client base and emerging markets exposure will hold up better than pure-play European wealth managers when flows inevitably shift.
N91 at R4820 creeping up 1.47% but Investec's outperforming on earnings growth. Asset managers getting squeezed while they're beating the index.
Picked up more N91 at 4775 — their ESG credentials are genuinely differentiated versus peers, and 1% gains don't move the needle when you're thinking three-year hold.
N91 down 2% to R4710 — is this a flush before the asset management tailwinds kick in, or are investors finally pricing in the reality of margin pressure? Someone convince me the rand weakness actually helps here.