Danish asset manager hatches African corporate bond plan

Global Evolution eyes a business opportunity financing infrastructure in Africa with EM corporate bonds -- and sees rising US interest rates as no cause for concern.
Morten Bugge, partner and co-founder at Global Evolution | Photo: Global Evolution/PR
Morten Bugge, partner and co-founder at Global Evolution | Photo: Global Evolution/PR
by Carsten Steno

Danish asset manager Global Evolution, with USD 9 billion in assets under management, is busy setting a plan in motion to offer emerging markets corporate bonds and set up a corporate bond market focusing on African businesses.

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