FNB is this year’s winner for Africa’s best bank for discretionary portfolio management. Not only did the regional lender’s discretionary solutions deliver a strong performance compared with its peers, but the bank also continued to innovate to meet new client needs in 2023.
Importantly, the bank’s managed portfolios recorded a remarkable performance during the judging period. FNB’s multi-asset solution outperformed the local multi-asset high equity peer group, delivering 15.5% over the review period, compared with 13%.
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