How African investors can tap into global opportunities
A report by Henley and Partners shows that a total of 2.4 trillion dollars total investable wealth is held by Africans. What options are available to African investors to create wealth with minimal currency or political risk? Kola Oyeneyin, CEO of Opportunik Global Fund, seems to have that answer, they have just set up a private retail fund to address that.
Mon, 17 Apr 2023 12:21:31 GMT
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AI Generated Summary
- OGF aims to democratize wealth creation by empowering retail investors and reducing wealth inequality across Africa.
- The fund offers a diversified asset mix and dynamic risk management to mitigate market volatility and adapt to global shocks.
- OGF's inclusive approach allows both retail and institutional investors to access competitive returns while prioritizing ESG compliance and financial inclusion.
A recent report by Henley and Partners revealed that Africans hold a total of 2.4 trillion dollars in investable wealth. This staggering amount presents a massive opportunity for African investors to create wealth, but the challenges of currency and political risk, rising inflation, and the high barrier to entry for retail investors have hindered many from tapping into global opportunities. To address these challenges, Kola Oyeneyin, the CEO of Opportunity Global Fund (OGF), has taken an innovative approach by setting up a private retail fund dedicated to unlocking wealth opportunities for Africans and diasporas.
The key theme of OGF is to bridge the wealth gap by empowering retail investors to gradually create wealth for themselves. OGF aims to reduce wealth inequality across Africa by enabling retail investors to access global investment opportunities with minimal barriers. While institutional investors have traditionally dominated global funds, OGF sees the potential of retail investors in narrowing the income disparity gap within the African continent.
Three key points emerge from OGF's strategy. Firstly, OGF has strategically chosen the retail route to democratize wealth creation and empower hard-working professionals across Africa. By lowering the barrier to entry to as little as $5,000, OGF aims to provide retail investors with opportunities previously unattainable. Secondly, OGF offers a diversified asset mix that includes real estate, fixed income, and commodities to mitigate risks and ensure ESG compliance. Thirdly, OGF's dynamic risk management approach adjusts the portfolio quarterly to adapt to market volatility and unforeseen global shocks.
In a CNBC Africa interview, Kola Oyeneyin explained that OGF's fund structure allows both retail and institutional investors to benefit from competitive returns. The fund's risk-compliant trading team seeks to generate alpha that rivals institutional-level returns while prioritizing ESG considerations. OGF's inclusive approach aims to empower African and diaspora investors to access global opportunities and create sustainable wealth.
Addressing concerns about market unpredictability and global shocks, OGF's risk management strategy focuses on constant portfolio adjustment and adherence to international risk regulations. By prioritizing risk management and maintaining a highly regulated fund, OGF positions itself to navigate market uncertainties and deliver competitive returns to investors.
As OGF embarks on its mission to unlock wealth opportunities for African retail investors, Kola Oyeneyin's vision for bridging the income disparity gap and empowering investors reflects a commitment to financial inclusion and wealth creation in Africa. With a focus on dynamic risk management, diversified asset allocation, and inclusive investment opportunities, OGF stands poised to transform the investment landscape for African investors seeking global wealth creation.