9 Dec
News > Funds > Markets and Industry News
Pan Africa Asset Management (PAAM), an investment management arm of the Pan Africa Holdings Group, one of the largest and longest-established financial services groups in Kenya, has received approval by the Capital Markets Authority (CMA) to register the Pan Africa Unit Trust Scheme as a collective investment scheme.
8 Dec
News > Funds > Launches
The Dreyfus Corporation, a BNY Mellon company, has launched the Dreyfus Emerging Markets Debt U.S. Dollar Fund, an actively managed mutual fund with exposure to the African markets.
5 Dec
News > Funds > Markets and Industry News
The Johannesburg Stock Exchange (JSE) has successfully completed the second phase of the T+3 project, which will result in the local equities market moving from the current T+5 settlement cycle to a shorter, three day settlement cycle.
5 Dec
News > Funds > Markets and Industry News
Old Mutual Emerging Markets (OMEM) will be moving its Johannesburg Head Office from its existing property, Mutual Square on Grayston Drive, to a planned new building in the heart of Sandton.
23 Nov
News > Funds > Markets and Industry News
Castlepines Global Equity, an international equity fund that invests its own and partner equity in major infrastructure assets for secure, long-term yields, will be the leading investor in Tunisia Economic City.
22 Nov
News > Funds > Markets and Industry News
PIMCO has amended and restated its non-fundamental policy for ten closed-end funds with respect to investments in securities and instruments economically tied to emerging market countries including South Africa.
17 Nov
News > Funds > Markets and Industry News
EIIB-Rasmala, a London-listed asset management and financing group, has fully acquired Rasmala Egypt Asset Management S.A.E (REAM), increasing its shareholding from 51% to 100%.
14 Nov
News > Funds > Markets and Industry News
Africa has the opportunity to quadruple living standards by 2040, but to do so it will need to find $11.4trln in extra investment over that period, according to the Capital Economics’s report commissioned by Jersey Finance.
13 Nov
News > Funds > Markets and Industry News
Governments and companies in Africa are on course to continue the trend of growing debt issuance this year, according to Standard Bank. Standard Bank, Africa’s biggest lender by assets, tracked that companies on the continent have issued $4.35bn of corporate debt this year, while governments have issued $10.6bn.
10 Nov
News > Funds > Markets and Industry News
STANLIB, and its holding company, Liberty Holdings, have acquired 100% shareholding in Stanbic Investment Management Services (SIMS) Ghana.
7 Nov
News > Funds > Launches
Business Partners, a specialist risk finance company for formal small and medium enterprises (SMEs), has launched a R300m ($27m) manufacturing fund, which aims to assist SMEs that operate within the manufacturing sector.
4 Nov
News > Funds > Launches
Old Mutual Global Investors has collaborated with its colleagues, Old Mutual Investment Group in South Africa, to launch the Old Mutual Pan African Fund for a global client base.
22 Oct
News > Funds > Markets and Industry News
A sharp increase in lending to sub-Saharan African countries could leave many with crippling debts over the next decade, a new report by the Jubilee Debt Campaign has warned.
10 Oct
News > Funds > Launches
The African Development Bank, the African Union Commission (AUC) and the Economic Commission for Africa (ECA), have launched the Clim-Dev Special Fund (CDSF), a multi-donor fund, which aims to address the challenges associated with climate data and information.
