Improving the way we benchmark private equity performance
The direct alpha method Measuring private equity performance in a standardised and easily understandable way has proven difficult, specifically for those that operate outside of the private equity space. The greatest difficulty is that private equity cannot be measured like listed equity which has frequently available pricing and an accurate time series...
Pension fund investing – a specialist or a balanced portfolio?
Namibian pension funds appear to prefer investing their members’ contributions in balanced funds, as they believe these offer a better solution. Given the results of a 20-year study from the UK, perhaps it is time to start asking if this is correct. The study, performed by renowned Professor David Blake at Cass Business School found...
South African private equity returns highlight the value of the asset class in building resilient portfolios
The latest performance record of South African private equity, as reflected in the RisCura-SAVCA South African Private Equity Performance Report for the second quarter of 2016, confirms the capacity of this asset class to deliver steady returns in a setting of moderate to slow local and international economic growth. The report, which tracks a representative...
Updated IPEV guidelines
As part of the rhetoric to support Brexit, the “curvy banana and crooked cucumber rules” were highlighted as being the result of overeager Brussels bureaucrats trying to control the every move of the EU member states. Regardless of one’s opinion regarding Brexit, the financial world is becoming subject to ever-increasing regulation. The need for...
AGF Awards 2016
About the awards RisCura’s Heleen Goussard (Associate) and Debbie O’Hanlon (Senior Analyst) attended the 2016 Africa Service Providers Awards gala dinner on Thursday (27 October) presented by Africa Global Funds. RisCura was honoured with the award for Best Advisory Services in Private Equity. The awards are designed to honour and raise...
Has the Zimbabwean pension’s industry really migrated to DC schemes?
One of the most notable changes happening within the pension’s industry not just in Zimbabwe but across the world, is the shift from Defined Benefit (DB) schemes to Defined Contributions (DC) schemes. Along with this shift, comes the transfer of investment risk from employers to employees. From observing general practice in DC schemes in Zimbabwe...
Currency devaluation could be good for private equity
An infographic highlighting 3 private equity opportunities in African manufacturing...
Q & A with Prasheen on Investing in Africa
What are the most popular channels of investment for Africa? Using specialist managers to access the Africa universe, investors can access: Listed (Africa) equity Private (unlisted) equity Fixed income mandates Infrastructure investments The selection and combination of these vehicles would depend on the type of investor and their unique goals. Which...
Bright Africa report – 2015
Investors looking at Africa today want to understand this exciting continent in more detail. RisCura’s third edition of the Bright Africa report, seeks to provide deeper insight into the drivers, enablers and managers of investment on the continent. This report explores: African regions’ GDP compared to imports and exports Infrastructure...
El Niño report – June 2016
Despite its ominous name, El Niño is a natural meteorological event that occurs every seven to eight years. While the impacts of this cyclical event are somewhat predictable, the severity of the latest episode and spill-overs into the socio-economic and macroeconomic arenas have been exacerbated by current market conditions. Low commodity prices, slowing...