| |
| |
| About Us |
African Asset Management was established to assist investors to participate and explore the last great investment frontier of Africa, with an out-of-box approach. We present an asset management and portfolio strategy approach which is balanced and diverse through lower risk index based investments, bringing attractive returns to our clients. The firm is a joint venture between Tsavo Securities and African Capital Management incorporated in Kenya and Singapore.
African Asset Management is the investment manager of the passively managed The East West Africa Index Fund (EWAX Index) as well as the actively operative African Opportunity Fund.
The custodian of both funds is Barclays Bank and Deloitte & Touche is the Auditor and Company Secretary of African Asset Management. |
|
| Board of Directors |
Michael Preiss
Fred Mweni
Naaim Abbasi |
| Senior Advisors |
| Professor Dr. Gordian Gaeta |
| Raj Shourie |
|
Michael Preiss
Founder & Chief Investment Strategist
mpreiss@africanassetmanagement.com
Mr. Preiss is the Founder & Chief Investment Strategist of African Asset Management.
He is also Chairman of African Capital Management, an International Import & Export Business and Investment Company with operations in Africa, Asia and the Middle East.
Board Member for the Middle-East and Asia with the American Academy of Financial Management (AAFM) and Advisor on its Global Board of Standards on Wealth Management and Private Banking curriculum
He is also a Director & Economic Advisor to Ceylon Asset Management in Sri Lanka, responsible for
the launch of the Ceylon Index Fund, the 1st Index fund on the Colombo Stock Exchange.
Previously, Mr.Preiss, served as Associate Director, Investment Advisory Group at HSBC Private Bank
in Dubai, serving clients in the Middle East and South Asia.
He also served as Director and Research Fellow at The Asian Bond Market Forum, a Hong Kong based non-profit think-tank. The ABMF provides policy research on the development of Asian local currency bond markets and advises on bond-market issuance programs and infrastructure development. In this role, Mr.Preiss was working with Thailand's Ministry of Finance, as one of the founding members of the Asian Bond Market Development Secretariat in Bangkok.
A regular guest commentator on Bloomberg TV, CNBC Asia, and the BBC as well as India's New Delhi Television, a columnist for finance magazines in Hong Kong and China, as well Singapore's Business Times where he contributes the regular "Executive Money" column. In Kenya, he contributes the regular: Ahead of the Curve / with Michael Preiss, column in The Standard Newspaper.
Mr. Preiss is a graduate of the European Business School with a major in Finance and international economics, having studied at the schools centers in London, Paris and Bologna, Italy in the respective local languages. In addition he studied in Japan, Korea, and China.
He has also been an guest lecturer at the Chinese University of Hong Kong where he taught on Technical Analysis as well as a course on Banking & Financial Institutions with a focus on China's Financial System. He also taught at the School of Finance - Renmin University in Beijing and has been invited to design a course curriculum on "Fixed Income Securities" for the Graduate School of The People's Bank of China, China's Central Bank. |
|
Fred Mweni
Executive Chairman
mweni@africanassetmanagement.com
Mr. Mweni is in charge of company strategy implementation and company operations.
He is responsible for the overall operational aspects of the firm. He does the analysis trends at the stock market and advising corporate and individual clients. He is also responsible for Bonds dealing and block equity sales by institutional investors. He is also involved in advising clients on raising capital through the use of various capital market instruments and on corporate restructuring.
Previously he was the Assistant General Manager in charge of investment banking and funds management at Suntra Investment Bank Limited, where he was in charge of all the corporate finance projects, which he oversaw the listing of several high profile IPO's like Mumias Sugar second IPO, KenGen IPO, Eveready IPO, Scan Group IPO, the listing of Equity Bank Limited.
Mr Mweni holds a bachelor's degree in Economics from Egerton University and is a member of Institute of Economic Affairs. He also holds a graduate degree in Masters of Arts (Economics) from the University of Nairobi. |
|
|
Naaim Abbasi
Business Development Director - Middle East
naaimabbasi@africanassetmanagement.com
Mr. Abbasi is Director of Business Development - Middle East, for African Asset Management. He also serves as Advisor to African Capital Management. In addition, he is an Investment Advisor based in Kuwait.
He is responsible for maintaining several clients investment portfolios, including family-owned businesses and high net worth individuals. He has consulted on various issues such as asset allocation and alternative investments. His work includes Real Estate transactions across the Middle East and The United States, along equities within the GCC, Hong Kong and The United States. In addition, Mr. Abbasi markets international funds within the MENA region. During the last two years he has raised over USD 110million. Mr. Abbasi co-authored The Global Real Estate Investing course for the International Academy of Financial Management and is currently working on a book about investment opportunities in Africa.
Prior to this role, Mr. Abbasi was working as a Portfolio Manager in Kuwait. Among his main responsibilities were to actively trade futures and currencies, while composing detailed market research on a daily basis including technical and fundamental analysis.
He is an active instructor with the International Academy of Financial Management, where he recently taught a course in Kenya. Along with teaching, he was part of the team that developed the “Fixed Income and Bond Market Investment” curriculum for The Central Bank of Kenya, which is sponsored by the World Bank.
In addition, he has designed and taught training courses in finance for the Nairobi Stock Exchange.
Mr. Abbasi was raised in San Diego, California, spending a total of 18 years there. During the latter years he worked with Centurion Counsel, an investment management firm specializing in managing investments for institutional clients and qualified individuals. He graduated from the New York Institute of Technology with a major in General Management. Since then he has completed the Chartered Wealth Management and Chartered Portfolio Management Certifications. Mr Abbasi is a regular contributor to Kuwait’s national newspaper, Al-Watan Daily/International Herald Tribune.
|
|
Professor Dr. Gordian Gaeta
Senior Advisor
gaetag@africanassetmanagement.com
Dr. Gaeta is a private equity investor, company executive and director with over 25 years experience. He currently serves in various executive and advisory roles to a number of organizations in most of which he is a stakeholder. He also widely publishes and lectures on Risk, Finance and Management. An Austrian citizen, he has lived for over two decades in Hong Kong and currently resides in Dubai.
Previously a bank executive in several countries, Dr. Gaeta became a managing partner for financial services in Asia with Booz. Allen & Hamilton. Gordian started an investment firm in Hong Kong in the late 80s and has since been an active investor. He has been involved in advising, structuring and executing investments for third parties or his own account. In financial services, Dr. Gaeta has stakes in or strategic partnerships with asset management and investment firms. He is currently the Chief Risk Officer for a new derivatives investment bank and sits on several investment committees or advisory boards of funds and banks.
Dr. Gaeta also serves as a director and chairman of the ethics committee of the Certifying Institute of Management Consultants in Hong Kong and as member of the Global Ethics Committee with observer status at the United Nations, as member of the Global Board of Standards of the American Institute for Financial Management, as chairman of the Asian Risk Advisory Forum and co-chair of the Asian Banker Summit. Dr. Gaeta holds a doctorate and master in Law and studied undergraduate Mathematics and postgraduate business sciences at the Vienna and Zurich Institutes of Technology respectively. |
|
Raj Shourie
Senior Advisor
raj.shourie@africanassetmanagement.com
Mr Shourie has over 20 years of experience in investment banking, private equity and law in London, Hong Kong, Tokyo and Singapore (where he currently resides).
Mr Shourie is the founder of Clipstone Capital Partners and a director of Clipstone Pte. Ltd, an investment firm focused on the natural resources sectors in Asia.
Previously, Mr Shourie was a Managing Director (Global Markets) with Deutsche Bank AG, Head of the Financial Institutions Group, Asia-Pacific at Barclays Capital and Head of Asia Asset Finance with Credit Suisse. Mr Shourie started his banking career with Bankers Trust Co in London working within the Emerging Markets.
Mr Shourie's experience encompasses the following sectors: Commodities, Infrastructure, Property and Financial Institutions and several ground breaking transactions.
Mr Shourie was educated in England at Southampton University (LLB), The College of Law (Guildford)
and Warwick University (MBA). Mr Shourie trained as an M&A and corporate lawyer with Clifford Chance in London and Hong Kong.
Mr Shourie was a Member of Deutsche Bank's Global Markets Asian Management Committee and a Board member of Deutsche Securities Ltd in Hong Kong. He was also a Member of the Monetary Authority of Singapore's Debt Capital Markets' Committee. He has been an active speaker at industry conferences over several years in Asia and Europe. |
| |
|
| |
|
|
|
|
|
|
