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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
The onslaught on the Chinese markets continued on Monday with the Shanghai and Shenzhen composites shedding 5.3% and 6.6% respectively, indirectly weakening the South African Rand. Late Sunday night, the ZAR hit R17.99 before pulling back to R17.25 to the US Dollar. USD/ZAR has been trading around R16.60 since. El Nino has directly affected 30 million Africans and has already decreased South African maize output by 30% this year. Barack Obama delivered his final State of the Union speech to his fellow Americans, touching on ISIS, Iran, military, education, health care, unemployment and Republicans.

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Board Member Overlap | Cannon Asset Managers research



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