Coronation’s flagship fund adds Absa, according to reports from South Africa’s The Citizen and Moneyweb. Both outlets say the decision comes as investors remain cautious about market conditions. The articles also highlight that Coronation is betting on leadership change at Absa, pointing to Kenny Fihla, who is described as the bank’s new chief executive officer. The coverage frames the move as part of a broader effort to position the fund for potential improvement at Absa, with an expectation that Fihla’s appointment could support a turnaround. While neither source suggests that market risks have disappeared, both indicate Coronation is willing to include Absa despite a cautious environment. Overall, the information shared across the two reports centers on the fund’s change in holdings and the rationale tied to Absa’s new executive leadership.