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Moody s completes acquisition of GCR Ratings

Moody’s Corporation has completed the acquisition of a majority (51%) stake in Global Credit Rating Company Limited (GCR).

Futuregrowth almost half black-owned after Old Mutual sale

Futuregrowth Asset Management, South Africa’s biggest specialist fixed-income investor, said it is almost half owned by black investors after Old Mutual agreed to sell part of its holding to African Women Chartered Accountants Investment Holdings.

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