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CML: AUM up 11%, SARS tax win boosts profits, and black ownership rises to 52%

CML: AUM up 11%, SARS tax win boosts profits, and black ownership rises to 52%

Coronation Fund Managers LimitedNovember 19, 20245
CML: AUM up 11%, SARS tax win boosts profits, and black ownership rises to 52%

About this update from Coronation Fund Managers Limited

AUM grew 11% to R667bn, revenue rose 7%, and FMEPS (ex-SARS) increased 9% to 402.9c. The SARS tax dispute was resolved in the company's favor, enabling a special dividend, while a landmark B-BBEE deal raised black ownership to 52%. Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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