The South African equities market has experienced a volatile first half of the year, but active fund managers have failed to take advantage of the discrepancies in the market, according to S&P; Dow Jones Indices (S&P; DJI).
The global market for Islamic financial services topped $2trn at the end of 2014, up 12% on the previous year, a new Islamic report published by TheCityUK has revealed.
South African active asset managers should be changing their asset allocation calls to offer a measure of protection against market volatility, according to Rob Spanjaard, Director at Rezco Asset Management.
With stressed valuations and currencies, markets in South Africa, Nigeria and Kenya offer numerous attractive investment opportunities, according to portfolio managers at Africa Capital Group LLC.
African countries could borrow money internationally from the issuance of treasury bills and other instruments to fund agricultural transformation, Ministers of Finance have affirmed.
Old Mutual Investment Group remains underweight to Nigeria in their portfolios relative to the MSCI Africa indices on concerns around currency devaluation and the economic slowdown, according to portfolio manager Cavan Osborne.
The recent announcement of S&P; downgrading Brazilian bonds to ‘junk’ status has raised questions about whether the South African bond market will be the next emerging market to be downgraded.
S&P; Dow Jones Indices has launched the Dow Jones Sustainability South Africa Composite Diversified Index, which is part of the Dow Jones Sustainability Diversified family of indices (DJSI Diversified).
Standard Chartered has acted as the joint lead arranger and bookrunner for the Republic of Ghana’s latest $1bn sovereign bond issue.
There is significant investor appetite and liquid funds available for international equity investment in Sub-Saharan Africa, according to Judith Tyson, research fellow at the Overseas Development Institute.
FTSE Russell has launched the FTSE/JSE Responsible Investment Series, developed as a result of the expanded partnership between FTSE Russell and Johannesburg Stock Exchange (JSE), announced earlier this year.
High net worth South Africans have increased their allocation to hedge funds from 14.1% in 2014 to 26.4% in 2015, according to an annual hedge funds survey by Novare Investments.
Sub-Saharan Africa’s growth will slow in 2015 to 3.7% from 4.6% in 2014, reaching the lowest growth rate since 2009, according to new World Bank projections.
T. Rowe Price, a global asset manager with $773bn AUM, has launched the Emerging Markets Value Stock Fund with exposure to undervalued African stocks.
