Old Mutual Malawi out performs benchmarks despite challenges
2 Articles
2 Articles
Old Mutual Malawi out performs benchmarks despite challenges
Old Mutual Limited, the parent company of Old Mutual Malawi Limited, says although the country’s portfolio outperformed most of its benchmarks, investment returns were negatively impacted by volatile currency movements in the year. Old Mutual Limited Africa region managing director Clement Chinaka said in an interview on Tuesday that the listed equity portfolio in Malawi returned 50.8 percent, slightly underperforming the Malawi Stock Exchange (…
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