African investment isn’t about the macro: du Toit

The top-down view of Africa is increasingly positive, but Hendrik du Toit, founder and CEO of Investec Asset Management, says investors should not rely on headlines when putting money to work there. Opening AsianInvestor and FinanceAsia’s groundbreaking Africa Investment Summit in Hong Kong, du Toit says the region requires both careful due diligence and a long-term appetite. Such investors should benefit from the continent’s growth story, the potential of its young demographics…