Discovery – Hot or not

Discovery is a financial services company that began in 1992 as a medical aid administrator, but is now also an insurer and asset manager, operating in Africa, the UK, USA and China. It has a market cap of R86 billion, a price to earnings ratio of 21.95 and a dividend yield of 1.34 per cent. Guest Lance Williams from iCapital and resident expert Bryon Lotter from Vestact decide whether Discovery is hot or not.