Fund that invests in African companies launched to meet demand

News - Funds

Written by Ray Clancy

Thursday, 14 October 2010 10:38

A fund that invests in companies predominately operating in the African continent has launched as a direct result of demand for emerging markets products.

Hansard International Limited (HIL), one of the major providers of wealth management solutions to international investors, has launched the HIL Alquity Africa Fund that will be available to new and existing clients.

It is described as an emerging markets fund that invests on a pan-African, pan-Sector basis in companies operating predominately in the African continent.

The decision to select the fund for inclusion on the Hansard platform is in response to demand for emerging markets products from an international Independent Financial Advisor audience and Alquity has been selected for its forward looking and unique investment approach.

IFAs now have access to one of the fastest growing regions on earth and investors will now be able to access the fund through Hansard’s regular premium product Universal Retirement Programme and single premium product, Capital Builder, the company said.

It adds that the Alquity Investment Management offers a new model for investment management built around three core principles: attractive returns; sustainable investment and transforming lives.

‘Alquity offers Hansard’s clients the chance to make attractive returns from the new emerging economies of Africa. Alquity believes its new fund offers investors returns enhanced through Alquity’s strong sustainable investment model, whilst at the same time, without reducing the investors returns, transforming the lives of some of the world’s poorest people,’ said Paul Robinson, Alquity’s chairman.