While commonly-used quantitative methods such as information ratios and peer group rankings are useful for prescriptive analyses of a manager’s prior performance, they are less useful for predicting which managers will outperform in the future, according to FIS Group.
The 2017 version of Ecobank Research’s Fixed Income, Currency and Commodities (FICC) Guidebook, indicates a positive outlook for the African continent in 2018.
I&P, Comoé Capital, and the Jacobs Foundation have launched a new impact fund dedicated to education in Côte d’Ivoire, the Education Impact Fund (EIF).
South Africa needs to deal with issues of coverage, mandatory contributions and increased preservation to improve its pension system, according to the Melbourne Mercer Global Pension Index.
MSCI has recently released its IPD South Africa Annual Green Property Index, which supports the investment case for green buildings in the commercial property sector.
Africa50, an infrastructure investment platform for Africa, has signed a development agreement with Senelec, Senegal's electricity provider, for competitive selection of a strategic sponsor to develop a 120 MW combined cycle thermal power plant at Malicounda.
Capitalworks, a South African private equity firm, has launched Africa Capitalworks, an investment company that will deploy permanent equity capital in mid-market companies in selected sectors across sub-Saharan Africa, excluding South Africa.
The Federal Government of Nigeria has received credit from the International Development Association (IDA) and intends to apply $30m Naira equivalent of the proceeds towards the establishment and management of a commercially viable SME Investment Fund under the Growth and Employment Project.
Stanlib, a South African fund manager with R593bn AUM, is planning to close down a number of equity funds to boost returns as part of a restructuring, Bloomberg has reported.
African Rainbow Capital Investments has listed in the “Financials – Speciality Finance” sector of the Main Board of the Johannesburg Stock Exchange.
Satrix has listed a new exchange traded fund on the Johannesburg Stock Exchange, which tracks the MSCI Emerging Markets Investable Market Index.
Denmark-based A.P. Moller Holding, PKA, PensionDanmark and Lægernes Pension have jointly launched an Africa-focused infrastructure fund.
Mara Delta Property Holdings has changed its name to Grit Real Estate Income Group Limited to better reflect the current and future growth ambitions of the organization.
The Reserve Bank of Zimbabwe (RBZ) is reportedly planning to increase the current $200m bond notes in the Zimbabwean economy to $500m given the shortage of cash in circulation.