South African Fund Giant, Stanlib Asset Management, Seeks to Tap Growing Demand for African Debt

South Africa-based fund manager Stanlib Asset Management is to join Momentum Investments, Silk Invest and Investec Asset Management in offering an Africa Fixed Income fund from October this year.

The launch from the 542 billion rand ($50.7 billion) asset manager follows rising demand from Scandinavian pension funds and Middle Eastern institutional investors in search of higher yields.

Read more: African Fund Giant Seeks to Tap Growing Demand for Debt – Frontier Markets News – Emerging & Growth Markets – WSJ.