South Africa: Investors seek credit products

Lack of liquidity and diversification still restricts managers’ strategies.

Despite strong growth in the domestic corporate bond market, South Africa’s asset managers are still starved of opportunities to buy credit, and want new tools and mandates to change this situation.

That was the message from IMN’s third annual South African securitization and debt capital markets conference, held in Cape Town in November.

Excluding banks, corporates brought to market seven deals totalling R9.9 billion ($1.47 billion) in the first 10 months of 2005, compared with four deals worth R4.4

Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access