Ninety One’s Du Toit Says S. African Riots to Dent Confidence

The transcript discusses the impact of recent events in South Africa on investor confidence and market stability. Despite challenges, 91 remains unaffected in the short term. The discussion covers market reactions, capital project delays, and community responses. It also analyzes stock market dynamics, foreign investment trends, and the Naspers-Prosus share swap. The conversation highlights a pandemic fund initiative and the growth in assets under management, emphasizing solid investment performance and future market preparations.

How does the orchestrated event in South Africa affect investor confidence according to the transcript?

• It has no effect on investor confidence.

• It boosts investor confidence.

• It dents investor confidence.

• It leads to increased investments.

What is the impact of the events on large capital projects in South Africa?

• Projects are completed faster.

• Projects are put on hold.

• Projects are unaffected.

• Projects are accelerated.

What is the role of the community in response to the events in South Africa?

• The community is indifferent.

• The community is divided.

• The community is holding hands across racial divides.

• The community is protesting against the government.

How does the South African stock market handle foreign investment outflows?

• It becomes highly volatile.

• It absorbs them well.

• It collapses completely.

• It stops trading.

What is the nature of the events described in the transcript?

• A government reform.

• A political protest.

• A natural disaster.

• Thuggery.

Why did some portfolio managers oppose the Naspers-Prosus share swap?

• They thought it would decrease market size.

• They were not informed about the swap.

• They were not allowed to make a decision.

• They believed it was a bad deal for shareholders.

What contributed to the increase in assets under management for 91?

• Poor investment performance.

• Solid investment performance.

• Decreased market support.

• Lack of competitive position.