coronation.
ceremony marking the formal investiture of a monarch and/or their consort with regal power
Coronation Fund Managers Increases Stakes Across Stocks
Coronation Fund Managers Ltd. boosted its stakes across multiple companies in the first quarter, including Zillow Group, LPL Financial, IQVIA, and Mid-America Apartment Communities, expanding positions by varying magnitudes. The moves illustrate a broad diversification across financial services, healthcare data, and real estate as the fund grows its portfolio with new and larger holdings.
Finance · 10 sources · Jul 23, 2026Read itThe journal
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About coronation
A coronation ceremony marks the formal investiture of a monarch with regal power using a crown. In addition to the crowning, this ceremony may include the presentation of other items of regalia, and other rituals such as the taking of special vows by the new monarch, the investing and presentation of regalia to them, and acts of homage by the new monarch's subjects. In certain Christian denominations, such as Lutheranism and Anglicanism, coronation is a religious rite. As such, Western-style coronations have often included anointing the monarch with holy oil, or chrism as it is often called; the anointing ritual's religious significance follows examples found in the Bible. The monarch's consort may also be crowned, either simultaneously with the monarch or as a separate event.
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