“I AM NOT SURE THERE ARE LEVERS TO PULL ANY­MORE.”

Finweek English Edition - - In Brief -

– Evan Walker, port­fo­lio man­ager at 36ONE As­set Man­age­ment, on the out­look for South African cloth­ing re­tail­ers. Speak­ing to fin­week con­trib­u­tor Marcia Klein, Walker said “earn­ings in the sec­tor have done noth­ing for years, as has the re­tail in­dex, and I don’t know if over the next five years it is go­ing to be any bet­ter”. For more on the in­vest­ment case for com­pa­nies in the sec­tor, read our cover story on p.35.

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