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Why you must own Rand Merchant Insurance and Standard Bank – Ashburton

The market is looking expensive; good buys seem few and far between.

We interviewed Suraj Sookdhew, Head of Portfolio Management at Ashburton Investments, about which companies currently provide the best investment opportunities.

Look no further, says Sookdhew, than these two:

  • Rand Merchant Insurance

  • Standard Bank

Listen to the audio (scroll down) for more detail.

We like Rand Merchant Insurance’s portfolio of investments; very good quality. There’s also talk of them entering the asset management space.

Suraj Sookdhew, Head of Portfolio Management at Ashburton Investments

Standard Bank’s main problem was everything outside of Africa. They’ve got out of most of that and they’ve got a handle on costs. They’re also showing strong growth in loans and have a good handle on mortgages.

Suraj Sookdhew, Head of Portfolio Management at Ashburton Investments

This article first appeared on 702 : Why you must own Rand Merchant Insurance and Standard Bank – Ashburton


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