Tuesday, April 23, 2024 UTC

Recognized by industry leaders for extensive coverage on African Asset Management

2020 in review and the outlook for African Stock Markets

FREE Webinar

Join AGF and leading industry experts on Wednesday, February 17th, 2020 for a webinar to discuss true impact of Covid-19 on African stock markets and outlook for the year ahead.

2020 in review and the outlook for African Stock Markets is sponsored by Standard Bank Group

Standard Bank Group is the largest African bank by assets with a unique footprint across 20 African countries. Headquartered in Johannesburg, South Africa, we are listed on the Johannesburg Stock Exchange, with share code SBK, and the Namibian Stock Exchange, share code SNB.
Standard Bank has a 155-year history in South Africa and started building a franchise outside southern Africa in the early 1990s.
Our strategic position, which enables us to connect Africa to other select emerging markets as well as pools of capital in developed markets, and our balanced portfolio of businesses, provide significant opportunities for growth. 
The group has more than 54 000 employees, approximately 1 200 branches and 9 000 ATMs on the African continent, which enable it to deliver a complete range of services across personal and business banking, corporate and investment banking and wealth management.  
Headline earnings for 2017 were R26 billion (about USD2 billion) and total assets were R2 trillion (about USD165 billion). Standard Bank’s market capitalisation at 31 December 2017 was R317 billion (USD28 billion).
The group’s largest shareholder is the Industrial and Commercial Bank of China (ICBC), the world’s largest bank, with a 20,1% shareholding. In addition, Standard Bank Group and ICBC share a strategic partnership that facilitates trade and deal flow between Africa, China and select emerging markets.

For further information, go to http://www.standardbank.com

 

Start Date: February 17th, 2021

Time: 9:00AM (EST) // (4pm South Africa) Check your local times here: https://www.timeanddate.com/worldclock/

Hear from leading industry experts as they examine the true impact of Covid-19 on African stock markets and outlook for the year ahead.

  • Expectations vs reality: True impact of Covid-19 on African stock markets in 2020
  • Why Covid-19 will remain a concern throughout 2021?
  • Key factors that will be driving African stock markets in 2021
  • Which African stock markets present opportunities for investors in 2021? 
  • Stock market valuations and top sector opportunities
  • Potential wildcard developments that should be on investors’ watchlist such as the likelihood of political upheaval in Nigeria

Moderator:

Len Jordaan
Len Jordaan
Head of Client Coverage South Africa and Sub-Saharan Africa, S&P Dow Jones Indices

Head of Client Coverage South Africa and Sub-Saharan Africa, S&P Dow Jones Indices

Len Jordaan is Head of Client Coverage for South Africa and Sub-Saharan Africa at S&P Dow Jones Indices (S&P DJI). In this role, he works with a broad range of clients and market participants—from exchanges, banks, and asset managers to retirement funds, consultants, and investment platforms—to deepen their knowledge of indices, benchmarks, and index-linked products and strategies.

Prior to joining S&P DJI, Len worked at Absa CIB, where he was responsible for the distribution of NewFunds ETFs. Previously, he was Head of ETFs at Stanlib Asset Management, where he was responsible for the structuring, listing, and distribution of index products. He also worked as Head of Rand Merchant Bank’s ETF business in South Africa and Australia. He began his career in private banking but soon specialized in financial markets and joined the JSE’s graduate recruitment program, where he managed the listing of the first customized derivatives contracts in South Africa and was part of the team that listed South Africa’s first ETF. He has served in a variety of roles for asset managers and investment banks, but has always enjoyed the role and challenge of sales. 

Len has an honours degree in economics and a post-graduate diploma in financial planning.

Panelists:

Andy Gboka
Andy Gboka
Portfolio Manager, Bellevue Asset Management

Andy Gboka joined Bellevue Asset Management as Analyst / Portfolio Manager of the BB African Opportunities Fund in 2015. From 2011 to 2014 he was Senior Analyst at Exotix LLP covering the brewers and cement companies listed in Africa. He previously worked for Societe Generale Corporate and Investment Banking as Equity Analyst in the European utilities team covering the regulated sector. He holds a Msc specialised in Finance, Bordeaux Business School, now Kedge Business School since the merger with Euromed Marseille in July 2013.

Gerald Gondo
Gerald Gondo
Executive - Business Development, Africa, RisCura

With a wealth of frontline investment management experience in Africa, Gerald serves as an executive within RisCura in Africa and is responsible for business development. He was instrumental in the establishment of RisCura in Zimbabwe in 2014 after identifying the country’s need for an independent advisor with proven credentials in advising institutional investors.

In his role, Gerald ensures that the investment deliverables provided by RisCura to its client is appropriate, easily understood and adds demonstrable value. Prior to joining RisCura, Gerald was also a founding partner of a specialist investment advisory and investment management business (Atria Africa) based in Mauritius. Gerald’s passion to have first-hand experience in investing in Africa led him to join a leading pan-African asset manager, Imara Asset Management, where he had dual responsibility as lead analyst on listed equities in Egypt, Morocco, Zambia and Mauritius whilst also building the business’s fixed income capability in Zimbabwe. He started his career in private equity investment in sub-Saharan Africa with Business Partners and has also worked as a credit analyst for Futuregrowth Asset Management.

Fred Steiner
Fred Steiner, CFA
Managing Director & Portfolio Manager, BCCM Advisors

Fred Steiner is responsible for security selection, risk management and portfolio construction for our Pan-Africa strategy. Prior to re-joining BCCM Advisors, Fred earned an MBA from the Carlson School of Management at University of Minnesota where he graduated with distinction and was a Curtis L Carlson Scholarship recipient. During the full-time business school program, Fred worked with a multi-family office, Sawmill Management as a Senior Analyst. There he oversaw approximately $1 billion in public securities. Prior to business school, Fred served as an Analyst and Associate at BCCM and worked in various roles at Signature Financial Partners. Fred studied at University of Cape Town in 2008, graduated from Union College in 2009 with a Bachelor’s degree in Economics and Minor in History and is a CFA charterholder. Fred is engaged in various charities and previously volunteered for Soccer 4 Hope while living in Cape Town, South Africa in 2010.

Francis Harcus
Francis Harcus
Institutional Equity Sales, Standard Bank Group

Francis joined the Standard Bank Group in September 2020 in Institutional Equity Sales based out of London. He is an experienced research analyst and former Portfolio Manager of the Arisaig Africa Consumer Fund at Arisaig Partners, a Singapore Headquartered boutique asset manager with over USD4b under management. Francis managed an Africa Research Team from Cape Town and then London from 2014-2020 and has travelled extensively on the African continent. He has previous consumer sector experience working for the two largest global spirits firms Diageo and Pernod Ricard in Business Development and Marketing. Francis graduated from the University of Bristol in 2009 with 1st Class Honours in Modern Languages and recently gained his CFA Certificate in ESG investing.

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