Investec Asset Management and Growthpoint Properties in partnership with IFC, a member of the World Bank Group, will seek to establish and grow a significant diversified pan-African real estate investment business.
T. Rowe Price, a global asset manager with $773bn AUM, has launched the Emerging Markets Value Stock Fund with exposure to undervalued African stocks.
Business Partners (BUSINESS/PARTNERS) has launched a R250m ($19.36m) Women in Business Fund, aimed at increasing access to finance for female entrepreneurs in South Africa.
HSBC Global Asset Management has enhanced its range of multi-asset products with the introduction of its first cross border global multi-asset income fund.
The German KfW on behalf of the German Federal Ministry for Economic Cooperation and Development has launched the African Local Currency Bond Fund (ALCB Fund) to invest in local currency bonds in Africa.
NN Investment Partners (NN IP), formerly known as ING Investment Management, and the Dutch development bank FMO have joined forces in developing an emerging markets loans fund.
Specialist risk financer for small and medium enterprises (SMEs), Business Partners (BUSINESS/PARTNERS), has committed $6m along with other international investors to establish Business Partners International East Africa (BPI EA).
Index tracking products in Africa are gaining assets faster than ever before, according to Zack Bezuidenhout, Head of South Africa and Sub-Saharan Africa at S&P; Dow Jones Indices.
California-based firm Africa Capital Group has announced it is now raising capital for its Africa-focused equity fund from US investors.
STANLIB has recently launched its first Bond Index (ALBI) Tracking Fund, a unit trust fund that provides investors with a low cost exposure to bonds.
Access Infra Africa, a developer, owner and operator of power assets in Africa, has launched the Access Co-Development Fund (ACF), a $5m competition designed to bridge the gap between early stage renewable energy projects in Africa and the expertise and funding they require to come to operation.
The Dreyfus Corporation, the mutual fund arm of BNY Mellon Investment Management, and CenterSquare Investment Management have launched the Dreyfus Global Infrastructure Fund, which provides individual investors with the opportunity to invest in the growth potential of infrastructure assets.
Computershare, as the administrators, and etfSA.co.za, as the portfolio managers and financial advisors, have launched a new tax free product in South Africa, using only Exchange Traded Funds (ETFs) as the investment constituents.
Business Partners, a specialist risk finance company for formal small and medium enterprises (SMEs), has launched two specialized SME funds for the property sector, both aimed at driving property ownership and enabling entrepreneurs to grow their equity base.