adminManager Performance Awards.
Imara African Opportunities Fund won recognition as the year’s best African equity fund with a fund size of more than US$50 million while the Imara African Resources Fund claimed honours as the top Africa Equity Fund with a fund value of less than US$50 million.
The Imara Zimbabwe Fund was also nominated for the same award.
The awards were presented at a gala
dinner last week in Cape Town, South Africa.
Imara group chief executive Mr Mark Tunmer commented: “It is an honour to feature so prominently in this inaugural awards programme for Africa fund managers.
“We are delighted a well-established favourite like our African Opportunities Fund, with positions across numerous sub-Saharan jurisdictions, and a more focused specialist Resources Fund, a relative newcomer to our range, have done so well.
“We were also delighted that our
popular Zimbabwe Fund made the short list for an award. Awards recognition has a wider significance for our continent and industry.
“By spotlighting superior investment returns out of Africa, awards such as this contribute to the global re-rating of sub-Saharan Africa as an investment destination.
“Strong performance by managers and markets will accelerate capital market development and help drive sustained progress by our continent.”
Imara is an independent, Botswana-listed investment-banking group that prides itself on objective decision making in the service of its clients.
The company is mid-sized and has offices in Angola, Botswana, South Africa and the UK and associate offices in Malawi, Mauritius, Zambia and Zimbabwe.
Imara has also partnered with Chapel Hill Denham in Nigeria, NIC Capital in Kenya, Namibia Equity Brokers and Mac Capital in Dubai.
Online Reporter