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Cannon Asset Managers is a licensed asset management business based in South Africa that manages domestic assets as well as global investment portfolios. Since our formation we have successfully applied the philosophy and principles of value investing, an investment management approach that consistently has demonstrated a clear advantage over other philosophies.  Consequently, over the years Cannon Asset Managers has developed a reputation for successfully delivering portfolio results to our clients who include companies, pension funds, insurance companies, trusts, high net worth individuals and retail investors.

Highlights
Deputy President Cyril Ramaphosa clarified the Sanral debacle on Wednesday indicating that all tariffs be cut to 30c/ kilometre with a monthly cap of R225/month. All outstanding fees will be discounted by 60% if payment is made within 6 months.

Thursday saw world markets hover around record highs as downbeat economic data in China added further pressure to Beijing for more stimulus and as the FED signalled no near-term changes in their decision to leave interest rates unchanged.

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