With the broader equities and fixed-income markets remaining suppressed owing to unfavourable macroeconomic conditions and lingering uncertainty over protracted negotiations with the International Monetary Fund (IMF), analysts are backing the sole Exchange-traded Fund (ETF) on the market to serve as a safe haven for investors. Launched in 2012, the NewGold...
Prudential Life Insurance has partnered with Surfline Communications to provide an insurance package for employees of Small and Medium Enterprises (SMEs) in Ghana dubbed ‘Surf Insure’. This first-of-its-kind partnership will extend life insurance cover to employees of SMEs who are Surfline subscribers signed onto Surf Insure. The subscribers will be...
Corporate issuers on the Ghana Fixed Income Market (GFIM) have increased issuances by raising about GH¢2.9billion as of end April 2022 in fresh capital compared to the same period last year, data from the Ghana Stock Exchange have shown. Per the available data - out of the eight issuers on...
Miriam Maku Amissah, Head of Client Experience-Stanbic Investment Management Services (SIMS), has encouraged Ghanaians to embrace responsible investment to further nation building. Speaking at a cocktail session hosted by the bank at the 3rd Mobile Technology for Development seminar held at Kempinski Gold Coast City Hotel, Accra, Miriam Aku Amissah...
In accordance with the provisions of the Insurance Act, 2006 (Act 724), mandating Insurance Companies to separate the general insurance business from the life business, QLAC was established. Quality Life Assurance Company Limited (QLAC) was incorporated on 23rd October 2007. The Company commenced operation on the 1st of January 2008. Before then...
Executive Director in charge of retail and wealth management at Bora Capital Advisors, William Mensah, says lowering the cost of running Collective Investment Schemes in the country by reducing management and administrative fees will enable the industry’s growth and have a wider effect on the economy. Collective Investment Schemes (CIS)...
Instead of expecting host countries to bend their long-held cultures and values, multinational companies investing in Africa have been urged to adjust culturally to the norms and traditions of their hosts. Adjusting to the culture and traditions of host countries, according to Sir Nigel Boardman - a retired Senior Partner...
Collective investment schemes are investment vehicles that allow investors with similar objectives to pool their funds together with the aim of investing the funds for an objective specified in the scheme particulars also known as the prospectus. The common interest of the investors demonstrated in the scheme particulars they...
Managing Director of the Ghana Stock Exchange, Abena Amoah, has said the country’s development hinges on a strong capital market and an investment-savvy population - hence programmes that will fuel them must be encouraged. She added that the current environment in the country highlights the importance, and urgency, of having...
A bond is typical fixed-income security that offers a fixed or guaranteed rate of return to the investor over a specified period of time. Nevertheless, the risk and return characteristics of individual bond investments vis-a-vis bond mutual funds are not the same. Depending on the peculiar investment objectives, some...