Play the Game of Life
Ryan Petersen's Blog

With all the attention on Africa orginating from the investing community, it was only a matter of time before somebody created an African index. Renaissance Capital won the race on this one, but expect many more as investors seek assets whose returns are not correlated with world markets. By most accounts, African stocks represent one of the last asset classes that still fits this description, attracting many hedge fund managers, private equity and others whose pay depends on alpha. It appears that raising the funds will be far easier than investing them in thet continen'ts relatively thin capital markets.


Source: BBC
URL: http://news.bbc.co.uk/2/hi/africa/7038394.stm

Labels: Africa, Capital Markets, Investing in Africa