Why Doesn't Africa Get More Equity Investment? Frontier Stock Markets, Firm Size and Asset Allocations of Global Emerging Market Funds
Feb 20, 2007
| T. Moss, V. Ramachandran, S. Standley | Center for Global Development
This paper addresses the question of investment in sub-saharan African listed securities by examining characteristics of the continent’s 15 equity markets, the rise and fall of African regional funds, and the asset allocation trends for global emerging market funds.