Why this large asset manager has stopped lending to SOEs

South African fixed-income asset manager Futuregrowth has halted lending to six state-owned firms citing political uncertainty in Africa’s most industrialised country where the finance minister is under investigation.

The Money Show’s Bruce Whitfield interviewed Andrew Canter, the Chief Investment Officer of Futuregrowth – a firm with R170 billion under management.

Listen to the audio below.

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Article brought to us by Old Mutual.

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