First things first

What we’re about

Afena Capital is an independent investment management firm that was established in 2005 and currently operates in South Africa. We manage predominantly Equity (asset class) mandates for clients. We are a majority black owned firm and our firm is rooted in an unwavering commitment to always be a true reflection of our society in the composition of our leadership and our team.

Market Commentary, July 2017

Developed Markets: Global monetary policy moving onto a less accommodative path

Positive growth momentum in the US continues despite the short-term weakness seen in core inflation data and GDP. In June rates were raised 25bps and in the most recent FOMC meeting, the Fed suggested that financing conditions remained accommodative which provides leeway to continue tightening.