Personal PensionOct 22 2014

Pension funds should invest in Africa – Sir Bob Geldof

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The National Association of Pension Funds’s annual conference, held in Liverpool this year, welcomed Sir Bob Geldof as the keynote speaker.

He told the auditorium he was surprised to be talking to pension “geeks” about finance, having spent 40 years in the music industry, but told delegates how Africa was a hotbed for entrepreneurs.

Sir Bob said there was a “strong business case” for pension funds to invest in Africa, not for charity but as long-term investors seeking returns.