Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

2411

Silk Invest launches African Lions and Arab Falcons equity funds

RELATED TOPICS​

London-based asset management firm Silk Invest has launched the Luxembourg-domiciled African Lions and Arab Falcons fund.

London-based asset management firm Silk Invest has launched the Luxembourg-domiciled African Lions and Arab Falcons fund.

The portfolio managers, based in London, Cairo, Casablanca and Johannesburg, plan to build up their holdings cautiously, taking advantage of liquidity opportunities.

Zin Bekkali, chief executive of Silk Invest (pictured), says: ‘Raising assets in these markets proved extremely challenging. Ultimately, the strength of our investment proposition, and the valuation of the markets we specialise, convinced investors to support the launch.

‘Silk Invest believes the economies it specialises in offer strong prospects for sustainable growth. Africa and Middle East are potentially today’s most attractive investment opportunity as they have strong fundamentals including low debt levels, healthy monetary reserves and a supporting demographic structure.’
 
African and Arab markets account for four per cent of worldwide market capitalisation and this is projected to increase as the two regions are set to increase their share of the world’s GDP, the company believes.

Baldwin Berges, director of business development, says: ‘The funds should grow in size fairly rapidly. Investors understand well our proposition and we have built a pitch book in excess of EUR500m. Many of these investors have committed to invest in our funds, once the fund is up and running.’

Latest News

Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15..
New analysis by London-based Nickel Digital Asset Management reveals 38 listed companies with a combined..
Bloomberg has announced that for the first time, its proprietary Bloomberg Second Measure (BSM) transaction..

Related Articles

Global ESG Investing
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of climate change and ESG factors in state policymaking...
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of..
Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Different flavours
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led, multi-boutique global asset manager with over USD20 billion under management, recently undertook a survey with 204 UK investment professionals, seeking insights into their perceptions and attitudes towards boutique asset managers...
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led,..
UK map
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years...
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by