1 Dec
News > Funds > Markets and Industry News
The markets in Nigeria and Kenya are creating the building blocks for future growth, especially after a difficult few months in 2015, according to Standard Bank. An increase in capital requirements for the public sector and the need for more sophisticated products by financial institutions have been major drivers of debt capital markets across key regions in Africa. The total size of bonds outstanding in Nigeria, excluding federal government issuance and Eurobonds, stands at approximately $24bn, (N4.8trn), with financial institutions as the main issuers of bonds among the country’s corporate institutions.
20 Nov
News > Funds > Markets and Industry News
Sub-Saharan Africa is particularly sensitive to the combination of weak commodity prices and rising US interest rates, Tom Elliott, deVere Group’s International Investment Strategist, has warned.
18 Nov
News > Funds > Markets and Industry News
Dual currency funding structures can bring stability and robustness to real estate deals in sub-Saharan Africa, according to Adeniyi Adeleye, Head of Real Estate Finance for West Africa at Stanbic IBTC.
9 Nov
News > Funds > Markets and Industry News
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).
5 Nov
News > Funds > Markets and Industry News
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.
29 Oct
News > Funds > Markets and Industry News
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.
27 Oct
News > Funds > Markets and Industry News
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.
23 Oct
News > Funds > Markets and Industry News
African countries could borrow money internationally from the issuance of treasury bills and other instruments to fund agricultural transformation, Ministers of Finance have affirmed.
21 Oct
News > Funds > Markets and Industry News
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.
20 Oct
News > Funds > Markets and Industry News
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.
15 Oct
News > Funds > Markets and Industry News
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).
13 Oct
News > Funds > Markets and Industry News
Standard Chartered has acted as the joint lead arranger and bookrunner for the Republic of Ghana’s latest $1bn sovereign bond issue.
13 Oct
News > Funds > Markets and Industry News
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.
12 Oct
News > Funds > Markets and Industry News
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.