Africainvestor (Ai), a leading international investment and communications group, today announced that the 11th Ai CEO Institutional Investment Summit was successfully concluded and hosted a series of market changing announcements and initiatives at NASDAQ and the CFA New York Society in New York.
The Ai Summit was opened by Hubert Danso, CEO and Vice Chairman of Africainvestor and Sandy Meyer Frucher, the Vice Chairman of NASDAQ.
The summit which was themed ‘African Regional Growth and the Role of Long –Term Capital’ convened over 150 CEO’s, institutional investors, capital market leaders and regulators to discuss institutional allocations, infrastructure co-investment initiatives to improve access to data, and support for the emerging investment management industry.
This year, the oversubscribed Ai CEO Institutional Investment Summit hosted the launch of the NEPAD 5% Agenda, a partnership between African Institutional Investors (pension and sovereign wealth funds) and African governments, to mobilise US$30bn through a new partnership framework entitled Institutional Investor Public Partnerships (IIPP’s). This would facilitate an increase in allocations to 5% of assets under management, (from the current average of 1.5%) to African infrastructure assets within 5 years.
Commenting on the Summit, Hubert Danso, CEO and Vice Chairman of Africa investor stated, “During last year’s summit at the NASDAQ – on the even of the UN General Assembly – we called on leaders and development finance partners to elevate the african economic development partnership, from trade and investment to long-term institutional investment. Today we are calling for the widespread adoption and pursuit of institutional-investor public partnerships (IIPP’s) as the framework to govern the relationship, in order to mobilise unprecedented levels of African institutional capital”.
Summit delegates were updated on the Ai Infrastructure Co-investment platform, which is building strong momentum with a projects pipeline counting several billions of dollars of brownfield and green field opportunities.
Other notable announcements made during the Summit included Ai and Analytix Insight’s launch of www.AiAnalytix.com, a big data Analytics platform of over 1000 African listed companies, launched to increase access to quality data, fundamental research and analytics tools for institutional investors investigating and trading in African public markets.
In addition, the Ai Academy announced the establishment of the Ai Emerging Manager Leaders’ Forum, (AiEMF), a unique international platform for emerging managers and pension funds, brought about to share industry best practice, improve governance standards and assist African and US asset owners to connect with and support emerging managers through their international allocations, programs and knowledge networks.
Summit partners included:
NASDAQ, CFA New York Society, PPI, NCPERS, IFSWF’s, PRI, World Pensions Council, ASEA, GLIO, NAIC, Trade & Development Bank, NEPAD, UNECA, Stock Exchange of Mauritius, The UN Office for Partnerships, Bunengi Group, africaplc.com, AiAnalytix.com, Prequin and AllAfrica.
The Summit concluded with its prestigious annual Ai Capital Markets and Index Series Awards ceremony.
The 2017 Ai Capital Market Index Series Awards Winners Were:
Most Innovative African Stock Exchange
- Stock Exchange of Mauritius
Best Africa Investment Bank
- Deutsche Bank
Best Africa Research Team
Most Innovative Capital Markets Regulator
- Capital Markets Authority, Kenya
Best Performing Broker in Africa
- CM Trading (Global Capital Markets Trading) SA
Best Africa Fund Manager
- Coronation Fund Managers
Best African Listing
- Dis-Chem Pharmacies
Best Performing Ai100 Company
- Guaranty Trust Bank
Best Performing Ai40 Company
- Kenya Commercial Bank
Most Innovative Ai SRI 50 Company
- Standard Bank
Most Innovative Ai SRI 30 Company
- Dangote Sugar
Ai100 CEO of the Year
- Segun Agbaje, Guaranty Trust Bank, Nigeria
Ai40 CEO of the Year
- Joshua Oigara, Kenya Commercial Bank, Kenya
Ai SRI 50 CEO of the Year
- Jean-Marc Harion, Orange Egypt
Ai SRI 30 CEO of the Year
- Robert Collymore, SafariCom, Kenya
International Sovereign Wealth Fund Initiative of the Year
- Government of Singapore Investment Corporation (GIC)
African Sovereign Wealth Fund Initiative of the Year
- Gabonese Strategic Investments Fund
International Pension Fund Initiative of the Year
- PensionDanmark/ PKA/ Lægernes
African Pension Fund Initiative of the Year
- Natal Joint Municipal Pension Fund (NJMPF)
Ai Capital Markets Personality of the Year
- Dr. Mohammed Omran
About Africa investor – www.africainvestor.com
Africainvestor is a specialist investment and communications firm advising governments, international organisations and businesses on communication strategies for capital market and foreign direct investments in Africa. Africa investor publishes Africa investor, the leading international newsstand magazine for Africa’s investment decision makers; maintains the Africa investor 40 Investors’ Index, hosts the Ai CEO Institutional Summit & Awards and the Ai CEO Infrastructure Investment Summit & Awards, among other events.
For more information on Africa investor, contact Renee Montez on +27 11 783 2431 or firstname.lastname@example.org