Market Wrap - Stock Pick — Reinet and Sygnia

Bruce Main from Ivy Asset Management chose Reinet and Sygnia as his stock pick of the dayI have chosen Reinet previously and ultimately some of the rump in the asset pool will be listed on the London stock exchange and some value will be released. Locally I am going for a business called Sygnia, it is a company that is cleverly using fin-tech technology to lower the cost to the consumer to buy into the financial services industry. One the whole growing assets under management where a lot of its competitors are loosing in a very tough environment.