Investec rolls out Africa and Middle East fund

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Investec Asset Management has launched its first UK-domiciled UCITS III Africa & Middle East fund.

The fund will add to Investec's existing range of frontier market investment propositions and will mirror the existing Guernsey B Scheme Africa & Middle East fund, launched in April this year. Investec has a 17-year track record investing in Africa and has combined assets under management of over $30bn invested in the region with offices located in Cape Town, Botswana and Namibia. David Aird, managing director, UK distribution, said: "Building upon our established track record, we believe we are well placed to offer the UK retail market access to the African continent in the form of th...

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