Africa

Watch breaking news videos and read news updates about Africa on pionline.com

  1. Morningstar hires director for new South Africa investment management unit

    trueVictoria Reuvers was named a director and senior investment consultant for Morningstar’s newly launched investment management business in South Africa.

    Articles

  1. BlackRock hires head of EMEA hedge fund strategies

    trueLuke Dixon joined BlackRock as head of Europe, Middle East and Africa hedge fund investment strategies.

    Articles

  2. Neuberger Berman hires head of Middle East and North Africa

    trueJahangir Aka was appointed head of Middle East and North Africa at Neuberger Berman.

    Articles

  3. South African government employees picks Standard Bank as sole custodian

    trueGovernment Employees Pension Fund, Pretoria, South Africa, hired Standard Bank as its sole custodian.

    Articles

  4. IACPM: Credit default concerns improve, but overall view still pessimistic

    trueCredit portfolio managers remain pessimistic on credit defaults over the next 12 months, but they are mixed about credit spreads over the next three months, said a quarterly survey from the International Association of Credit Portfolio Managers.

    Articles

  5. Helios Investments Partners raises $1.1 billion for third Africa-focused fund

    trueHelios Investment Partners is closing its third Africa-focused private equity fund, Helios Investors III, at its $1.1 billion hard cap.

    Articles

  6. South Africa's Pension Investment Corp. appoints new CEO

    trueDaniel Matjila was named executive director and CEO of the 1.6 trillion South African rand ($151.3 billion) pension fund Public Investment Corp.

    Articles

  7. S&P Dow Jones downgrades Morocco to frontier market status

    trueMorocco has been reclassified as a frontier market country by S&P Dow Jones Indices, following feedback from market participants.

    Articles

  8. Nikko hires 3 for Middle East, Africa and Asia institutional business

    trueNikko Asset Management appointed three executives to its institutional business, covering three separate roles in the Middle East, Africa and Asia.

    Articles

  9. Head of South Africa's GEPF terminated for misconduct

    trueJohn Oliphant has been dismissed as the principal executive officer of South Africa's 1.43 trillion rand ($128 billion) Government Employees Pension Fund, Pretoria, for misconduct, said a statement from the pension fund Thursday.

    Articles

  10. J.P. Morgan expands EMEA endowments and foundations team

    trueKris Jonsson and Sandeep Bhamra were appointed client advisers in J.P. Morgan Asset Management's newly created endowments and foundations team for Europe, the Middle East and Africa.

    Articles

  11. Geldof makes case at NAPF conference for new areas of pension fund investment

    trueThe case for investing in new markets and asset classes is stronger than ever, given "ridiculous" bond yields, said Sir Bob Geldof, musician, business entrepreneur and political activist.

    Articles

  12. Goldman bankers threatened by LIA executive in 'tirade'

    trueA Libyan Investment Authority executive threatened two Goldman Sachs Group bankers at a 2008 meeting in Tripoli, telling them the lender had “screwed” the sovereign wealth fund, according to the LIA's evidence at a London court hearing Monday.

    Articles

  13. South African pension money at risk in bank bailout

    trueThe collapse of African Bank Investments Ltd. is forcing the money manager holding most of the South African government's pension assets to agree to invest 5 billion rand ($440 million) to rescue the lender.

    Articles