Africa

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  1. South Africa's PIC looks to double investments in other African countries

    truePublic Investment Corp., South Africa's 1.6 trillion rand ($150 billion) pension fund manager, plans to improve returns by investing to reinvigorate the flagging economy it dominates, Chief Investment Officer Dan Matjila said.

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  1. South African funds don't invest in their backyard

    trueIt is not just European and U.S. pension funds that are slow to invest in the opportunities available on the Africa continent: South Africa-based funds also need encouragement.

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  2. New effort puts focus on Africa

    trueInstitutional investment into Africa is set for a boost due in part to a new task force that will work to encourage capital flows into infrastructure projects in the region.

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  3. RBC Global Asset Management adds EMEA managing director

    trueAnne-Sophie Girault joined RBC Global Asset Management as managing director for business development in Europe, the Middle East and Africa.

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  4. Investec, U.S. Chamber of Commerce promote African investment

    trueInvestec Asset Management has partnered with the U.S. Chamber of Commerce’s Africa Business Initiative to produce a report highlighting the ways that foreign investment can be promoted in the Africa region.

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  5. 3 join State Street in Europe

    trueOliver Berger, Andreas Schmid and Tom Wooders were appointed to State Street Corp.'s sector solutions team, said a spokesman.

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  6. New CIO chosen for American University in Cairo endowment

    trueJanice Emery was named chief investment officer of the American University in Cairo, Egypt, said Brian MacDougall, executive vice president for administration and finance, in an e-mail.

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  7. UBS hires head of liquidity for EMEA

    trueJames Finch joined UBS Global Asset Management as head of global liquidity management in Europe, the Middle East and Africa, a spokesman said.

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  8. J.P. Morgan names new EMEA fixed-income chief

    trueMaria Ryan was named Europe, Middle East and Africa head of fixed-income strategies for J.P. Morgan Asset Management’s global fixed-income business.

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  9. Macquarie adds EMEA distribution head

    trueSteve Haswell joined Macquarie Investment Management as head of distribution for Europe, the Middle East and Africa, said a spokesman.

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  10. Mercer acquires 34% stake in South African firm Alexander Forbes

    trueMercer Africa Ltd. reached an agreement to acquire a 34% stake in Johannesburg-based financial services group Alexander Forbes Group Holdings Ltd. in a deal that will expand Mercer's exposure to growth prospects in South Africa and sub-Saharan Africa and make it a shareholder in Alexander Forbes' ...

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  11. Helios Investment Partners takes stake in Nigerian pension fund manager

    trueHelios Investment Partners took a minority stake in Nigerian pension fund manager ARM Pension Managers PFA.

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  12. South Africa pension fund CEO quitting

    trueElias Masilela resigned as CEO of the 1.6 trillion South African rand ($151.3 billion) pension fund Public Investment Corp., effective June 30.

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  13. Morningstar beefs up EMEA group

    trueDan Kemp was named co-head of investment consulting and portfolio management in Morningstar’s investment management EMEA group, a spokeswoman said.

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