Clifford D. Mpare, CFA, discusses which African nations have the most improved macro environments and how these factors can support equity investments. Mr. Mpare also explores valuation of African equities including long-term trends, sectors of interest, and company case studies, as well as the importance of diversification.
This episode of the Take 15 Series was originally released on 11 January 2012.
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Usman Hayat writes about sustainable, responsible, and impact investing and Islamic finance. He is the lead author of "Environmental, Social, and Governance Issues in Investing: A Guide for Investment Professionals," and the literature review, "Islamic Finance: Ethics, Concepts, Practice." He is interested in online learning and has directed three e-courses for CFA Institute: "ESG-100," "Islamic Finance Quiz," and "Residual Income Equity Valuation." The other topics he writes about are macroeconomics and behavioral finance. Previously, he was a content director at CFA Institute. He is a former executive director at the Securities and Exchange Commission of Pakistan (SECP). He has experience working in securities regulation and as an independent consultant. His qualifications include the CFA charter, the FRM designation, an MBA, and an MA in Development Economics. His personal interests are reading and hiking.
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Andrew Ferguson, CEO of the Asia Pacific Loan Market Association, says he is concerned by a lack of awareness of the Libor transition and the Secured Overnight Financing Rate among Asian financial professionals. Asian companies hold $675 billion or more in Libor-based bonds and loans, the majority of which matures after the phaseout date, which might leave firms struggling to obtain credit without adequate preparation. BNN Bloomberg (Canada) (13 Feb.)
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