Morocco

Societe Generale Maroc, the subsidiary of Societe Generale group in Morocco, is launching a private banking offering for top-tier wealth management clients in the country.

Fitch has upgraded Casablanca-based BMCE Capital Gestion's asset manager rating to M2+ from M2 to reflect its renewed IT infrastructure having implementated portfolio and risk management solution, Sophis Value.

The misconceptions of the risks associated with investing in Africa are most acutely expressed within the valuations of local African debt markets, says Mahan Namin, a portfolio manager at Insparo Asset Management.