Newly-formed group Alquity Investment Management has launched an Africa fund for UK retail investors that sees 25% of management fees donated to support humanitarian projects in the region.
Former Neptune India and Asia Pacific Opportunities manager Shelley Kuhn has returned to the boutique to run a new African equity fund.
Invesco Perpetual star manager Neil Woodford has committed $25m to a new AIM-listed vehicle which will make investments in troubled African nation Zimbabwe.
Henderson's Mark Harris has built a significant position in Middle East and African equities in his three multi-manager portfolios.
Acorn Fund Management, in partnership with Hyatt International, is launching a portfolio that will invest in hotels in Africa.
HSBC Asset Management's Middle East and North Africa (Mena) team have increased their exposure to the United Arab Emirate (UAE)'s unloved real estate stocks because of increasing demand for low-cost housing.