Orbis Global Balanced: Investing through the cycles
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Allan Gray Unit Trust Management

  Allan Gray Unit Trust Management   Q1 of 2023 | 3 years ago

The failure of Silicon Valley Bank (SVB) has made markets worry about banks everywhere. In the case of Credit Suisse, that worry was well founded. We believe it is unfounded for the Japanese, Korean and Irish banks we hold. We sold out of also-robust ING Groep, which we had been trimming anyway on valuation grounds, and rotated some of that capital into Korean banks at bombed-out valuations. The rest of the banks we hold continue to look compelling, and we continue to hold them.


SA - MA - I
SA - E - G
SA - E - LC
G - MA - F
SA - IB - VT
G - E - G
SA - MA - F
R - MA - F
SA - RE - G
SA - MA - HE
Did You Know ?

Nedbank Investments's BettaBeta merged into CoreShares in 2015.

DYN

The first ever listing of S&P 500 ETF on the JSE was from CoreShares.

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All the information presented in this website is generally geared towards educational content , so it does not constitute a personal investment advice.