Angelica _ann wrote:Rollout wrote:Cytonn is entering insurance business, anyone seeing what I am seeing??????
Diversification?
Yes! Something they have been at from the onset.
When CMA refused to give them a lisence at the very onset. They started with the High Yield private product.
Finally the license came at they went into Unit trusts, Cash Management etc
They have a pension schemes
Now into Insurance...
I personally think they should have concentrated on wealth management. This now looks like it has become a resentment take on the main 'rival'... to do better.