Lucan Toh, CEO
AFG and IDAD in Africa AFG has also secured an exclusive Africa agreement with innovative structured product supplier, IDAD of London. Investment Design and Distribution (IDAD) was established in 2002 and develops structured investment products in conjunction with leading investment institutions. IDAD works with reputable and well-established providers to ensure access to institutional pricing and funding and has launched over 300 successful investment products over the last 10 years. The agreement with IDAD allows Professional intermediaries in Africa the opportunity to benefit from the ‘IDAD Difference’. With global interest rates at an all- time low, many investors are no longer able to secure the returns in the bank or building society that they would like. Some have attempted to seek the potentially higher returns on offer from the stock market, but the continuing market turmoil has left many disappointed, receiving low returns or even losing money. Structured Products are able to offer a real alternative to ‘cash’ delivered in an efficient way with no on-going charges
or fees. They can be designed to deliver attractive returns in both rising and falling markets and importantly, details of how the performance of the investment will be determined, repayment dates and any capital at risk are all set out prior to investment. When you invest in a Structured Product the returns are clearly defined and you know exactly what you are buying so expectation of returns can be managed effectively. With no ongoing fees, the investments beat most traditional investments in terms of charges The initial sales charge is an implicit part of the structure’s design so 100% of the client’s capital is invested. AFG – How we help the professional intermediary As a professional intermediary, we know that the needs of their clients are of paramount importance to them. Our relationship team consists of highly experienced, specialists who work with them to find only the very best solutions available in the market place. Working with AFG gives the professional Intermediary access to many new and exclusive product opportunities and offers them ways to grow their business by providing unique, innovative solutions that can be presented to their clients. In addition, AFG understand the importance of service and are aware of the issues intermediaries are faced with on a day-to-day basis.
Africa – The new ‘Emerging Market’ We see Africa as one of the most exciting opportunities in our future business plans and our new head office in Mauritius is testimony to our commitment to the continent. We aim to be part of the Africa success story and we see the demand for international financial products increasing significantly over the coming years. AFG has strong distribution relationships throughout Africa and we will continue to partner with professional intermediaries throughout the continent as they enjoy a growing, but more demanding, client base in countries such as Angola, Ghana, Botswana, DRC, Kenya, Namibia, Nigeria, Mozambique, Tanzania, Zambia and Zimbabwe. With the continent home to the largest potential workforce of under 40 year olds and the largest accumulated reserves of commodities such as gold, coal, copper, iron ore, lead, and zinc it is inevitable that the economic spotlight will fall even more on Africa and AFG is well positioned to help with and benefit from the coming Africa success story.
Africa Head Office Tel: +230 263 0040 Fax: +230 263 0317 Mauritius www.afg.mu Best of Botswana
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