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.

The rand has held steady this week trading firmly against major currencies. This morning it was trading around R13. 41 to the dollar, R 14.93 to the euro and R 17.37 to the pound. The price of Brent crude oil is currently hovering around $46.13 a barrel. While coalition talks are underway between various political parties in South Africa, the ANC is still coming to terms with the reduction in votes received by the party during the recent municipal elections.

Read more in the document below:

The Regulatory burden | Cannon Asset Managers research

Related links: