Coronation Fund Managers Ltd 2024 IR
The report highlights Coronation Fund Managers Ltd's performance and strategic progress for the fiscal year ended September 30, 2024. A key milestone was the successful conclusion of a tax dispute with the South African Revenue Service, resulting in the reversal of an R794 million provision and the payment of a special dividend. Additionally, shareholders approved a landmark B-BBEE transaction, elevating the company's black ownership to 52% and employee ownership to 34%. Coronation maintained its Level 1 B-BBEE contributor status and reported that 92% of its funds have outperformed their benchmarks since inception.
Company: Coronation Fund Managers Ltd
Sector: Financials
Country: South Africa
Year: 2024
Type: IR
Pages: 135
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Coronation Fund Managers Ltd
Integrated Annual Report
The report highlights Coronation Fund Managers Ltd's performance and strategic progress for the fiscal year ended September 30, 2024. A key milestone was the successful conclusion of a tax dispute with the South African Revenue Service, resulting in the reversal of an R794 million provision and the payment of a special dividend. Additionally, shareholders approved a landmark B-BBEE transaction, elevating the company's black ownership to 52% and employee ownership to 34%. Coronation maintained its Level 1 B-BBEE contributor status and reported that 92% of its funds have outperformed their benchmarks since inception.
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Document Details
Report Year
2024
Reporting Period
Oct 1, 2023 - Sep 30, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees