Nick Ndiritu
Articles by Nick Ndiritu
What lies ahead for Africa’s frontier markets?
At the core of our investment philosophy is a belief that markets are not always efficient or rational. We invest in businesses that we consider to be...
Broadened horizons, local learnings
Leonard Krüger and Nick Ndiritu look at how we have tailored our investment philosophy and process to invest in Frontier Africa markets. They discuss lessons...
Finding value in frontier African markets
Across corporate boardrooms in South Africa, a number of management teams and institutional investors are grappling with a vexing question: Is investing in...
Riding out volatility in African equity markets
Africa’s equity markets delivered disappointing returns in 2018. The MSCI Africa index was down -24%, while the MSCI Africa ex-SA index was down -13%. None o...
Demystifying Africa’s debt markets
Investors seeking diversification outside of South Africa can easily overlook the investment opportunities in other African markets. It is tempting to start ...
Value investing in Nigeria
Active managers in Africa and frontier markets have to counter the perceived higher-risk of investing in volatile markets prone to political and economic...
Valuation of Nigerian and Zimbabwean holdings in the Allan Gray Africa ex-SA Equity Fund
The Central Bank of Nigeria (CBN) has established a new foreign exchange (FX) platform for investors and exporters, effective 24 April 2017. The exchange...
How to think about risk in Nigeria
Our investment approach does not change even during periods of extreme market volatility. As always, we carefully consider investment opportunities where ris...
Africa's investable universe
We expect a change in prudential investment regulations to allow pension fund investors to invest up to 5% of their assets in Africa, in addition to other...
