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Macro Finance

South Africa Fund Manager Tips Nigerian Stocks Over South Korea

Bloomberg Markets·October 14, 2026·1 min read

Allan Gray Ltd., which oversees $29 billion in assets, favors Nigerian stocks over South Korean equities, citing diversification from the artificial-intelligence frenzy that has swept markets from Wall Street to Asia. The fund manager sees Nigerian stocks as a hedge against the AI-driven rally.

Read at Bloomberg Markets
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