It is extending its emergency Lending Program. Twoday meeting coming to a close today and fiery hearing on capitol hill between william barr and democrats. The hearing appeared to have more questions than answers at least that were allowed. Ag had a question of its own, how long will we let cities burn. Federal agents pulling out of seattle now. Other cities following on spike of violence. Gulleny giuliani this morning. Its all here right coming up. Markses this morning meanwhile look at this, fractional moves as stimulus uncertainty and economic hit companies are taking due to coronavirus, few losses on wall street yesterday, s p 500 up 7. Plus stores using facial recognition, what you need to know about information being gathered from your image. Mornings with maria is live right now. Global markets this morning are mixed, take a look at european indices with ftse 100 up 20 points, dax index lower by 15 points in germany. In asia overnight markets mostly higher, take a look, coronavi
Apex Group Acquires IP Management Company
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Apex Group expands footprint in South Africa
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Digital shares drive IP global fundâs momentum
By Martin Hesse
IP GLOBAL MOMENTUM EQUITY FUND
Raging Bull Award for the Best (SA-domiciled) Global Equity General Fund (for straight performance over three years to December 31, 2020)
IP Management Company (IPMC) is a collaboration of established financial services businesses that have operated unit trust funds in their own right for more than 15 years. IPMC provides own and co-branded portfolios to its investment management partners. One of these is Emperor Asset Management, a subsidiary of the Purple Group, which manages the IP Global Momentum Equity Fund.
The fund, which will be five years old in June, achieved an average annual return of 43% over three years to the end of 2020, according to ProfileData. Against this, the MSCI World Index achieved 14.97% a year in rand terms.