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Sarasin&#39s Jennings moves to Morley

Institutional fund manager Morley has poached Sarasin EquiSar manager Michael Jennings to head up its new global thematic investment division.

Jennings, who has been at Sarasin for 13 years, will take up his new position in two months.

Sarasin chief investment officer Guy Monson will now assume control of the EquiSar 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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