SOUTH AFRICA/UK - Alexander Forbes shrugged off the recent bulking scandal to grow its global assets under management to ZAR135bn (US$18.7bn) for the six months ended 30 September, well above the ZAR107bn reported in the same period last year.
The group's multi-manager investment subsidiary, Investment Solutions, was the top performer, achieving a 16% growth in revenue in African operations with the trading result up 19% to ZAR157m. ...
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