Imara touts equities amid investor flight

Most listed firms, primarily USD-based in their operations and earnings, are offering attractive dividend yields and growth potential that can outperform many alternative assets

LOCAL pension funds and foreign investors should snap up opportunities in the local equity assets, leveraging their current under valuations, Imara Asset Management (Imara) has said. This comes as most fund managers are betting on alternative assets, mainly property, while shunning equities that have been adversely impacted by a devaluing local currency and negative investor…

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