After several years of rapid growth, shariah-compliant asset management is facing the first serious test of its young life, as it struggles to diversify from equity and property into new areas, writes Eva-Luise Schwarz.
The battering taken by the Nigerian Stock Exchange (NSE) has provided a pause for thought among Nigeria’s asset management community, but optimism prevails for the industry’s long-term future, writes Kevin Godier.
Having been officially launched just a year ago, state-owned VTB Capital says it is fast becoming the national champion of Russian investment banking, according to the bank’s international CEO, Herbert Moos. But could the woes of its parent hold it back?
South Africa has been home to one of the fastest growing derivatives markets in the world. A merger of the two leading exchanges in the country could cement the market’s global position, reports Liz Salecka.