Written by Omphile Ntakhwana | From All Africa
Ponelopele, IPRO’s flagship fund will invest 60 per cent of its assets in Botswana investment instruments and 40 per cent across the Sub Saharan, says the senior manager-Investments at IPRO Botswana.
Speaking at the launch of the company’s flagship fund, Ms Clair Mathe-Lisenda said the fund was inspired by the group’s strong conviction that the Sub-Saharan African region offered immense opportunities for astute investors with the skill and patience to understand the diverse dynamics of the different capital markets across Africa.
“The fund will invest in a wide basket of assets ranging from equities, bonds, property, private equity and hedge funds,” she said.
Ms Mathe-Lisenda said this would allow retail investors access to some asset classes that they ordinarily would not have access to with relatively small investment amounts, whilst also providing institutional investors the benefit of a widely diversified investment product.
“It is also our intention to apply for a local asset status for Ponelopele and once in operation this will allow for ease of investment classification particularly for pension fund investors,” said Ms Mathe-Lisenda.
Read more at All Africa