Nassau-based Magnum Global Investments is launching a new fund that will add to Magnum's existing ran...
Nassau-based Magnum Global Investments is launching a new fund that will add to Magnum's existing range of over 60 third-party funds and funds of funds. The Magnum South Africa Equity fund is a fund of funds investing in a range of external managers in South Africa. It seeks to benefit from the new economic environment and consequent investment potential that is fast developing in the country. Dion Friedland, chairman at Magnum, said: "South Africa is an economy that is ripe with undiscovered growth companies and investment opportunities created by corporate restructuring, privatisation ...
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