Finance / South Africa
Investment Firms Take Aim At South African Farming Sector
March 2010 | Corporate Financing AnalysisBMI supports the actions of two South African asset management firms who have launched an investment worth over US$400mn aimed at improving agricultural development in South Africa, the continent's largest economy. The fund, created in tandem by Futuregrowth Asset Management and UFF Asset Management, intends to use institutional investor capital to assist farms, largely by increasing marketing and distribution capabilities.
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