Thames River unveils multi-manager Africa fund

Thames River Capital has launched a multi-manager offering designed to invest in asset classes across African and Middle East markets.

The Cayman-domiciled Thames River Africa Focus fund targets a net return of 15% per annum through exposure to multiple investment strategies and asset classes across the regions. It seeks to exploit predominately hedged opportunities in South Africa and direction opportunities in markets elsewhere in Africa and the Middle East. Fund manager Ken Kinsey-Quick will interpret a macro view of African markets to allocate assets.  Initial geographic weightings will be around 75% South Africa and 25% rest of Africa and the Middle East.  He expects these to move significantly over time as ...