Poor capital allocation and the green economy unseat the PGMs
Where I Am? | Viewer ==> Poor capital allocation and the green economy unseat the PGMs

Coronation Management Company

  Coronation Management Company   Q2 of 2024 | 2 years ago

At the bottom of the platinum group metal (PGM) cycle in 2018 we held overweight positions across our client portfolios in both the direct equities as well as through Anglo American and its PGM subsidiary, Amplats. Strong demand growth finally whittled away the surplus above ground inventories, which increased prices by more than 400% in the following years. This appreciation was even more pronounced in the individual equities, with Impala Platinum’s trough-to-peak up 18 times.


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Did You Know ?

In 2023, Allan Gray Manco is celebrating its 50th birthday of existence , founded in 1973.

While being founded in 1993, only in 1996 that Coronation FM entered the unit trusts industry

Prudential Fund Managers was founded in Cape Town in 1994 by Graham Mason, who is its chairman now as of 2023.

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