Coronation Fund Managers is one of South Africa's most profitable independent asset managers, built on a simple idea: buy good companies cheaply and wait. After three decades, that patience has made it a quiet pillar of the country's savings industry. Full nameCoronation Fund Managers Ltd Tickers / exchangeCML / JSE (Johannesburg) HeadquartersMontClare Place, Cape Town, South Africa SectorFinancial Services — Asset Management EmployeesNot disclosed in available sources Market valueR14.58 billion (US$14.58 billion) Yearly salesR4.45 billion (US$4.45 billion) Net profitR1.68 billion (US$1.68 billion) Net margin38.7% Return on equity68.8% Price-to-earnings8.6 Dividend yield0.11% …
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