Mmegi

Ninety One eyes P2bn in private credit opportunities

Seeing opportunities: Ninety One is hunting for returns and impact in the local market
Seeing opportunities: Ninety One is hunting for returns and impact in the local market

Leading asset manager, Ninety One, is seeing opportunities in the market’s liquidity crunch and has a pipeline of up to P2 billion for private credit deals, mainly around infrastructure.

The local financial market has been weighed down by a liquidity crisis since last year, mainly owing to reduced government spending amidst the prolonged downturn in diamonds.

Private credit, meanwhile, which involves non-bank entities such as pension funds and their asset managers lending money to companies as opposed to traditional bank credit, is a growing alternative in the country.

Editor's Comment
Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

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