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AllianzGI expands Europe distribution chief's role to head of EMEA
trueTobias C. Pross was named head of Europe, Middle East and Africa at Allianz Global Investors, in an expansion of his existing role.
Guggenheim Partners global CIO touts investment opportunities in Africa
trueScott Minerd, chairman of investments and global chief investment officer at Guggenheim Partners, was upbeat on Africa as an investment opportunity during a panel discussion about the continent Tuesday at the Milken Institute Global Conference.
UBS Global Asset Management taps head of EMEA
trueOliver Bilal will join UBS Global Asset Management as head of global asset management for Europe, the Middle East and Africa.
Nigeria's wealth fund has 'good year' tapping dollar investments
trueNigeria's $1.55 billion sovereign wealth fund had a “good year” after weighting its investments toward dollar assets, CEO Uche Orji said
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.
Angolan sovereign wealth fund seeks mine, timber investments
trueAngola's $5 billion sovereign wealth fund, Fundo Soberano de Angola, is seeking investments in mining, timber, health and agriculture in order to diversify its asset base and increase returns.
BlackRock hires head of EMEA hedge fund strategies
trueLuke Dixon joined BlackRock as head of Europe, Middle East and Africa hedge fund investment strategies.
Neuberger Berman hires head of Middle East and North Africa
trueJahangir Aka was appointed head of Middle East and North Africa at Neuberger Berman.
South African government employees picks Standard Bank as sole custodian
trueGovernment Employees Pension Fund, Pretoria, South Africa, hired Standard Bank as its sole custodian.
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.
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.
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.
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.
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.
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.