Slide background

Africa’s #1 Resource

for Pension Professionals

Slide background

Covering all the News & Insights

for pension professionals

Slide background

A continental perspective on Pensions

for pension professionals

Slide background

AFRICA FOOT PRINT

Read More

The challenge faced by the Pension fund industry

The increasing challenge facing the pension fund industry is the hunt for yield for its pensioners amid an environment of low interest rates. This is interestingly a similar challenge faced by asset managers who are continuously asked to deliver higher than expected returns while limiting the downside risk of the portfolios they manage.

At AXYS Investment Partners, we encourage having portfolios which contain alternative products as an asset class. We believe pension funds facing these challenges may not achieve their required return targets by keeping a traditional mix of Fixed Income and Equities.

Krishen Patten (left): CFA, FRM, Chief Risk Officer and Kugan Parapen (right), Chief Economist – AXYS Investment Partners

Given the long-term horizon generally available to pension funds, they should seek to enhance returns by adding illiquid and private investments to their portfolios while obviously maintaining an adequate level of diversification.

Additionally, African pension funds should tap into their own markets within Africa. African markets are becoming more sophisticated but international asset managers are taking time to look at the available opportunities. We believe that with proper due diligence there are excellent opportunities available to pension funds to achieve the required risk-adjusted returns.

Corporate issuances in Africa also offer good investment opportunities. Although a corporate issue cannot have a higher rating than its own country of domicile, it is sometimes the case that these companies have a pan-African or even global presence, making them diversified and less risky than may be portrayed by their investment rating. These are investment opportunities that should not be ignored in the hunt for yield.

 

"Given the long-term horizon generally available to pension funds, they

should seek to enhance returns by adding illiquid and private investments

to their portfolios while obviously maintaining an adequate level of diversification.

 

AXYS Investment Partners provides such advice to our institutional clients. We offer portfolio management services and have a team of professionals with a diversified and international experience in these fields. We collaborate with top-tier international global financial institutions and we have built a close relationship with markets leaders in their respective fields.

This blend of expertise enables us to provide our client base with innovative products in an open architectural structure. We have developed significant savoir-faire in alternative investments, targeting unsophisticated markets.
Through a methodical and focused approach, we deliver independent, tailor-made and innovative financial solutions that make a difference in shaping our clients’ portfolios and achieving their long-term investment goals.

There are a number of challenges facing the pension fund industry. AXYS Investment Partners strongly believes that investment opportunities in Africa could hold the key to enhancing the risk-adjusted returns required by the industry.


Kugan Parapen: Chief Economist – AXYS Investment Partners.Kugan holds a BSc (Hons.) in Economics from the University of Warwick in the UK and has completed his CFA Level III examinations. Kugan started his career in 2008 as a European interest rate derivatives trader at GHF Futures Ltd, an international proprietary trading company. He moved to MCB Capital Markets in 2011 and managed the CIS Bond and Currency Fund. He joined AXYS Investment Partners in 2014 as a Fund Manager focused on Fixed Income. Kugan is a member of the Investment Committee and Risk Management Committee.

Krishen Patten: CFA, FRM, Chief Risk Officer – AXYS Investment Partners.Krishen holds a First Class Honours degree in Actuarial Science from the London School of Economics & Political Science (LSE). He started his career in the Market Risk Management & Analysis division at Goldman Sachs in London in 2006 where he risk managed multiple asset classes for trading desks before being promoted to Executive Director/VP. He then joined LCH.Clearnet, a leading European clearing house, as a Fixed Income Risk Manager in London in 2012. He subsequently relocated to Abu Dhabi (UAE) in 2013 to work as a Senior Risk Specialist for the Abu Dhabi Investment Council, a multi-billion dollar sovereign wealth fund of the Government of Abu Dhabi. He joined AXYS Investment Partners in 2016. He is a member of both the Investment Committee and Risk Management Committee.


AXYS Investment Partners Ltd is licensed by the Financial Services Commission (FSC) of Mauritius to act as an Investment Advisor (unrestricted), CIS Manager and Distributor of Financial Products.

Read 79824 times

13523 comments

  • Comment Link Visit Monday, 11 November 2024 08:08 posted by Visit

    Hello there, I discovered your website by means of Google at the same
    time as looking for a related matter, your web site came up,
    it seems to be good. I've bookmarked it in my google bookmarks.

    Hello there, just changed into alert to your weblog thru Google, and located that it is really informative.
    I am going to be careful for brussels. I will appreciate if you continue this in future.
    A lot of other people will probably be benefited out of your writing.
    Cheers!

  • Comment Link ThomasSyday Monday, 11 November 2024 04:22 posted by ThomasSyday

    Medical staff on the front line of the battle against mpox in eastern Democratic Republic of Congo have told the BBC they are desperate for vaccines to arrive so they can stem the rate of new infections.
    blacksprut площадка
    At a treatment centre in South Kivu province that the BBC visited in the epicentre of the outbreak, they say more patients are arriving every day - especially babies - and there is a shortage of essential equipment.
    blacksprut
    https://bs2sprut.net

    Mpox - formerly known as monkeypox - is a highly contagious disease and has killed at least 635 people in DR Congo this year.
    Even though 200,000 vaccines, donated by the European Commission, were flown into the capital, Kinshasa, last week, they are yet to be transported across this vast country - and it could be several weeks before they reach South Kivu.
    “We've learned from social media that the vaccine is already available,” Emmanuel Fikiri, a nurse working at the clinic that has been turned into a specialist centre to tackle the virus, told the BBC.
    He said this was the first time he had treated patients with mpox and every day he feared catching it and passing it on to his own children - aged seven, five and one.
    “You saw how I touched the patients because that's my job as a nurse. So, we're asking the government to help us by first giving us the vaccines.”
    The reason it will take time to transport the vaccines is that they need to be stored at a precise temperature - below freezing - to maintain their potency, plus they need to be sent to rural areas of South Kivu, like Kamituga, Kavumu and Lwiro, where the outbreak is rife.
    The lack of infrastructure and bad roads mean that helicopters could possibly be used to drop some of the vaccines, which will further drive up costs in a country that is already struggling financially.
    At the community clinic, Dr Pacifique Karanzo appeared fatigued and downbeat having been rushed off his feet all morning.
    Although he wore a face shield, I could see the sweat running down his face. He said he was saddened to see patients sharing beds.
    “You will even see that the patients are sleeping on the floor,” he told me, clearly exasperated.
    “The only support we have already had is a little medicine for the patients and water. As far as other challenges are concerned, there's still no staff motivation.”



    bs.gl

  • Comment Link Visit Monday, 11 November 2024 04:01 posted by Visit

    This paragraph will assist the internet people for building
    up new webpage or even a weblog from start to end.

  • Comment Link デーブ パープル Monday, 11 November 2024 02:15 posted by デーブ パープル

    Yi, Ch'ang-ho (6 November 2008).

  • Comment Link 安倍 海外の反応 Monday, 11 November 2024 02:02 posted by 安倍 海外の反応

    St Joseph's Roman Catholic Church "Christ in Glory" mural Burslem Mural She additionally did a big ceiling mural called "Christ in Glory" for St Joseph's.

  • Comment Link 約 音読み 訓読み Monday, 11 November 2024 01:36 posted by 約 音読み 訓読み

    The filament in the light bulb met the fuel and brought on an explosion.

  • Comment Link ディズニー ゴールドカード Monday, 11 November 2024 01:29 posted by ディズニー ゴールドカード

    Syrian kids receive gifts from a camel of one of the Three Clever Men, reportedly the smallest one in the caravan.

  • Comment Link 小湊鉄道 菜の花 現在 Monday, 11 November 2024 01:25 posted by 小湊鉄道 菜の花 現在

    A mixture of giant, medium, and small tiles in a wide range of hues and patterns swirls across the room, however the implausible array of patterns and sizes is rarely dizzying because of the wealthy but subdued range of earthy colors and patterns.

  • Comment Link 舌小帯 短い Monday, 11 November 2024 01:12 posted by 舌小帯 短い

    St Hilda's Oratory Bethnal Inexperienced 1909 Davis designed two single light home windows for St Hilda's, this by James Powell and Sons.

  • Comment Link ネット サーフィン 死語 Monday, 11 November 2024 01:05 posted by ネット サーフィン 死語

    The lone 75 mm gun was placed 3,000 m (9,800 ft) from the fort, past range of the defences, and accurately delivered 20 shells per day at regular intervals.

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.