Is a pure Africa play the best strategy to tap into the continent's growth story, asks Joanna Faith
Africa has been firmly in the spotlight over the last couple of months, with managers stressing the compelling investment opportunities in the region and a raft of new products coming to market including the Investec Africa Opportunities and Neptune Africa funds. Invesco Perpetual star manager Neil Woodford even took a stake in a Zimbabwe-focused fund. But with many retail investors still spooked by the closure of the New Star Heart of Africa fund because of liquidity problems, is a pure Africa play the best strategy to tap into the continent’s growth story? Or are funds with broader ...
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