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Lake to run Aviva high-yield bond fund

Andrew Lake has joined Aviva Investors, replacing Chris Higham, to take on the high-yield bond fund. Higham will continue as lead manager on the firm’scorporate bond fund.

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Sub-Saharan Africa Near-Term Outlook

By Paul Caruana-Galizia, Neptune Economist

Sub-Saharan Africa’s economic renaissance continues. After growing at an average rate of five per cent over the past decade, the IMF projects an acceleration to 5.5 per cent growth among Sub-Saharan economies in the next two years, as developed economies emerge from the crisis. We expect this growth to be sustainable for three broad reasons.

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