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AfricaMoney | June 26, 2017

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Mauritius will host the 3rd Annual Africa Investment Funds and Asset Management forum a platform bringing together all regions together to shape the African pension fund industry.

Mauritius will host the 3rd Annual Africa Investment Funds and Asset Management forum a platform bringing together all regions together to shape the African pension fund industry.

Mauritius will host the 3rd Annual Africa Investment Funds and Asset Management (AIFAM) Forum organise by MNCapital Group, a South African based investment advisory and communications firm. The forum will convene regional capital owners , fund managers, and investment professionals from the continent to meet with institutional investors and other interested stakeholders to discuss feasible best practices and innovative approaches that have the potential to make significant progress in transformation of the Africa pensions and retirement fund industry.

MNCapital Group, a South African based investment advisory and communications firm announced ‘The 3rd Annual Africa Investment Funds and Asset Management (AIFAM) Forum’ which will be held at the InterContinental Mauritius Resort Balaclava Fort on 25th and 26th November 2015 in Mauritius.

The AIFAM Forum convenes regional capital owners (pensions, sovereign funds, insurers, central banks etc.), fund managers, and investment professionals from the continent to meet with institutional investors and other interested stakeholders to discuss feasible best practices and innovative approaches that have the potential to make significant progress in transformation of the Africa pensions and retirement fund industry.

“Following a series of our Regional AIFAM forums that took place in Botswana, Nigeria and Kenya this year, we are excited to be bringing together all regions together to discuss legal, regulatory frameworks, fund investment strategies, environmental, social governance (ESG) consideration, fiduciary and other contemporary issues impacting the African pension fund industry. This is a must attend meeting for industry practitioners as we emphasise on developing viable financial structures to increase the availability of capital to invest in the continent’s infrastructure and deepen capital markets innovation” said Michael Ndinisa, Chief Executive Officer and Forum Organiser from MNCapital Group.

The case for investing in the rest of Africa has been well-documented: higher growth rates than developed countries, increasing urbanisation, favourable demographics, improving political outlook and a growing middle class are some of the compelling arguments. The World Bank recently raised the medium-term economic outlook for sub-Saharan Africa to 5.5%, up from 5.2%, which it predicted six months ago.

Hywel George, Director of Investments at Old Mutual Investment Group said “Old Mutual Investment Group believes that AIFAM is an excellent platform to showcase our investment opportunities as well as to engage with leaders in key industry sectors on investment strategies, Responsible Investment, ESG and other critical issues that enable us to shape the African investment industry. Significant platforms such as the AIFAM, allow us to connect and collaborate with like-minded players in this market.”

Africa offers an important growth story, considering that its GDP has been growing at around 5-6% per annum for the past decade. A such the opportunities are endless for collaboration between the private and public sectors, which will pave the way for economic development in Africa.

Solomon Ngwenya, Chief Executive Officer at Focus Capital Limited said, “The AIFAM Forum is an important gathering platform for Pension Funds, Asset Managers and Private Equity Funds. The slow growth of the capital markets and the limited access to medium and long term capital, is not as a result of lack of investment capital but in part due to lack of investment grade securities coming to the market. This Forum is expected to open discussions around all these issues and it offers us as Zambian and Southern African Markets industry players, an opportunity to showcase some of our products, experience and expertise to investors and fund managers and offer an opportunity in the ever growing portfolio of products and investment opportunities available in Zambia and Southern Africa.”

Cliff Warren, Chairman of Skybound Capital, said: “Skybound Capital is delighted to be taking part in AIFAM2015 conference in Mauritius. Skybound Capital is a fund management business, providing investment products for family offices, private clients, advisors and institutions with a proven track record for preserving capital in tough market conditions while achieving strong growth in more favourable climates. We pride ourselves on our intellectual capital, risk management systems and an ability to do things differently. Skybound has a global footprint with offices in Mauritius, Hong Kong and London. We consider it important and valuable for us to get together with other industry players to talk about issues around boosting investment in Africa.”

The event will be graced by eminent speakers from the pension fund industry with participation of various firms in the financial industry of Africa.

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