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Home » Inflation buffets fund managers
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Inflation buffets fund managers

written by Emmerson Njanjamangezi, Group Features Editor 0 comments
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IMARA Asset Management (Imara) says rising inflation is piling pressure on local pension funds and insurance companies as money market assets are no longer an option. In a recent note, Imara chief executive John Legat said local pension funds and insurance firms are particularly restricted because they cannot convert their ZWL cashflows into US$ for…

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