Newsmakers
Glen Point CIO, Founder Charged With FX Manipulation, Fraud
Prosecutors allege that Neil Phillips artificially drove the dollar-rand exchange rate lower to trigger a $20 million option payout.
Tag: South Africa
Asset Allocation
Why Is Africa’s Largest Pension Pulling Out of Africa’s Largest Asset Management Firm?
Allegations of poor management and corruption are the root of the problem.
News
South Africa Government Pension Returns 2.6% in Fiscal 2019
Robust returns from commodities help $122.9 billion fund beat benchmark.
The 4 Most Promising Second-Tier Emerging Markets
Bigger names like China and India get the attention. Then there are EMs one rung down, overlooked yet harboring breakout potential.
Risk
Africa’s Largest Pension Fund Returns 8.6%
The Public Investment Corp. approaches $150 billion.