CompaniesPREMIUM

WATCH: Why Coronation slashed its dividend

Coronation CEO Anton Pillay talks to Business Day TV about the group’s interim results

Anton Pillay. Picture: HETTY ZANTMAN
Anton Pillay. Picture: HETTY ZANTMAN

Asset manager Coronation released its interim results on Tuesday, reporting a 22% decline in revenue fuelled by a drop in average assets under management during the period.

This led to a 26% plunge in earnings and dividends, but the group expects its second half to be better.

Coronation CEO Anton Pillay joined Business Day TV to discuss the group’s interim results.

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