They see Doha as a safe haven and favour emerging markets for offshore investment. They are also active in managing their wealth and prefer Africa and Europe over the US.
Tag : africa
The investment company has partnered a local firm to raise capital from Asia to invest in African and Latin American infrastructure and resources.
Investec’s founder Hendrik du Toit says investments in Africa require strong due diligence and a long-term outlook if they are to capture the continent’s growth.
An official from China Eximbank tells a forum in Hong Kong that the US is ungrateful for Chinese investment and brushes off perceived US criticism of its rising trade with Africa.
Chinese investment in Africa has the potential to be a win-win, but more visibility on these deals is needed if current bilateral relationships are to remain healthy.
The under-researched continent is growing in appeal. Paul Freer of Alquity IM points out the plus points, having just secured a distribution deal for its Africa fund.
The UK asset manager launched a Europe, Middle East and Africa fund in November last year, but is still steering clear of Gulf economies, says investment director Fedra Dell’Aquila.