The Reading Room

Investment banks’ Africa fees decline

Fewer deals were completed in 2014 while debt issuance fell

Manager who remembers 1998 rout says prepare for pain

Exchange rates reveal emerging-market dangers

Six views on 2015’s markets

Don’t bet the farm on China

AIMA publishes updated guide for selecting a prime broker

Incorporates changes to the regulatory framework that affects the relationship between managers and prime brokers

Hedge funds may be excluded from tax-free savings

Proposal for tax-free savings part of Treasury’s plans for sweeping overhaul to retirement sector

Nigeria bourse aims to offer derivatives by 2016

Exchange's surveys showed there was encouraging demand for derivatives

Africa economy to grow 50% by 2019 on demand jump

Growth to be driven by infrastructure investment, a buoyant services sector and strong agriculture production

SA hedge fund assets rise 27% to reach all-time high

Larger hedge fund managers attracted the bulk of net inflows

Africa adds climate change bonds to global warming arsenal

Will enable the world's poorest continent to bolster its defenses against extreme weather events

Hedge funds are still finding love, just not at Calpers

Hedge fund assets hit $2.352 trillion as of second quarter 2014