Simon’s stock tips

Finweek English Edition - - SIMON SAYS -

at most. This is a good-look­ing deal and it should add some 20% to HEPS. The only pos­si­ble is­sue is keep­ing the ex­ist­ing clients; buy­ing as­sets un­der man­age­ment (in this case some R3.8bn worth) in no way en­sures those as­sets will re­main. The money could go else­where at any time, so An­chor has to en­sure not only con­tin­ued re­turns but also con­tin­ued ser­vice.

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