Latest News
eVestment reports increased interest in African asset managers in Q1 2017
News Highlight
The majority of the screening activity and asset flows on African asset managers came from Europe and North America.
eVestment, an investment data and analytics firm, reported today that it has recorded a marked increase in investor interest for products managed by Africa-based asset managers during the first quarter of 2017.
The Atlanta-based company said views of products managed by African asset managers grew by 64 percent quarter-on-quarter; while net positive institutional flows reached their highest level since the
third quarter of 2013, surpassing $1 billion.
eVestment also said product views and asset flows to African managers have been on the rise for the past three quarters.
“Asset managers in South Africa, Nigeria, Egypt and elsewhere on the African continent should take note: increasing product views in institutional investment databases like eVestment is often a leading indicator of changes to future flows,” eVestment said in a statement.
The majority of the screening activity and asset flows on African asset managers came from Europe and North America, according to eVestment data.
“With many developed markets assets priced at or near record highs, coupled with institutions looking to diversify portfolios geographically, now could be the time for African firms to capitalise on increased overseas interest,” the company said.
Founded in 2000, eVestment is a leading global database, insights and analytics company that serves the institutional investment community. The company reportedly has the largest global database of traditional and alternative asset strategies delivered via a cloud-based platform.
Related News
Latest Blogs
- AML/CFT regulations and data protection require balance in regulating cryptocurrency
- It's time for honest discussions on Nigeria's security architecture
- Driving economic growth through green transition in Nigeria
- CBN is fighting inflation instead of stagflation
- Why electricity privatization failed (2)
Most Popular News
- NDFF 2024 Conference to boost Nigeria’s blue and green economies
- IFC, partners back Indorama in Nigeria with $1.25 billion for fertiliser export
- CBN increases capital requirements of banks, gives 24 months for compliance
- CBN settles backlog of foreign exchange obligations
- Univercells signs MoU with FG on biopharmaceutical development in Nigeria
- Ali Pate to deliver keynote speech at NDFF 2024 Conference