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CGAM Quarterly Commentary | July 2024

Supping on river

“Following a lost decade, why Tolstoy’s warriors, Patience & Time, could handsomely reward South African investors.”

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ClucasGray Asset Management (Pty) Ltd is an authorised financial services provider under the Financial Sector Conduct Authority (FSCA) FSP 50733.

ClucasGray Asset Management (Pty) Ltd is also a juristic representative of ClucasGray (Pty) Ltd.

ClucasGray (Pty) Ltd is an authorised financial services provider under the Financial Sector Conduct Authority (FSCA) FSP 21117.