Past winners' days are over, managers say

29 March 2020 - 00:02 By LAURA DU PREEZ

Three leading fund managers have warned investors about the dangers of chasing yesterday's winners during presentations for a recent investment conference.

The managers - from Coronation, Ninety One (previously Investec Asset Management) and PSG - warned that many South African investors had given up on poorly performing balanced funds in favour of cash-like investments or were taking money offshore where they were now vulnerable...

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