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Nex Rubica Capital

Nex Rubica Capital is a firm with deep origination, transaction advisory and fund raising experience.

We provide access to global capital markets and advisory to commercial banks private (and listed) equity funds/ LP's – harnessing innovative commercial and banking solutions for our clients.

Since inception, Nex Rubica Capital has negotiated and crafted bespoke solutions for more than $1.5 billion of transactions. This achievement is partly due to our partnering with other entities such as banks, non-recourse funding sources, blue chip legal firms and project developers.

With our participation in creating and listing African Exchange Traded Products on the New York Stock Exchange, London Stock Exchange, Egyptian Stock Exchange and the Johannesburg Stock Exchange our product development  capabilities centres around creating index baskets and ETFs for Long Only Funds, Pension Plan Sponsors.

On fund raising, we enable our clients negotiate with multiple investors during the fund raising process thus widening our clients reach by simultaneously allowing access to many different types of investors in multiple geographies.

Our senior executives are seasoned professionals with a cumulative experience of over 90 years working in global investment banking, commercial banking and bancassurance firms in Amsterdam, Frankfurt, London, New York - but with a local African perspective from decades working in West and Southern Africa.

We provde structuring across various sectors: Renewable Energy; Hotels and Real Estate; Transport and Logistics; Oil & Gas; Agribusiness

Our country and regional coverage inludes :

  • Francophone Africa:  Cote d'Ivoire, Senegal, DR Congo, Gabon, Cameroon
  • Southern Africa:         South Africa, Zimbabwe, Mauritius, Zambia
  • West Africa:                 Ghana, Nigeria, Sierra Leone
  • East Africa:                  Kenya, Tanzania, Uganda
  • Nothern Africa:           Egypt, Morocco

 

 

NR Indexes & Ratings

Under our IZUKA brand name, we provide Benchmark and Customised Indices, Default Ratings, Corporate Actions and Reference Market Data solutions for institutional clients. Its headline Africa Index range was launched in November 2005 to meet the needs for comprehensive and reliable data for risk management and securities structuring group - creating a truly Pan African benchmark for securities pricing.

Working with Stock Exchanges, we maintain our own historic, proprietary and reference database platform which allows us to provide our flagship Top 40, Mid 45 Benchmark Indexes to Bloomberg and Reuters.

We have a research team that develops, distributes, and optimizes portfolio construction tools based on sophisticated models for stock selection, asset allocation, and risk management. The tools we develope also supports the Default Ratings & Research products offered to clients.

Our quantitative strategies involve complex calculations and numerous iterations on large amounts of data – that can be used by asset managers, investment banks and research groups. We are also able to provide a computational platform for easily performing these calculations, developing models, testing strategies, and deploying quantitative tools to our portfolio managers.

ETF NAV

TICKER | CCY | NAV | CHG
CEGX | ZAR | 95.4 | +12%
GXAFR | USD | 33.3 | -10%

In the Press & Commentary

(NR Capital) Apr 2017 - African Business Magazine: Why the smart money is heading for African infrastructure

(NR Capital) Jun 2016 - CNBC: The state of infrastructurre developement in Senegal

(NR Capital) Nov 2013 - Nex Rubica Capital presents at the Thomson Reuters 3rd Annual Tradng Africa Summit in Cape Town, South Africa

(NR Capital) Nov 2013 - Nex Rubica Capital panelist at the Inaugural of South African Competiveness Forum an Initiative by Brand South Africa

(NR Capital) Sep 2013 - Triple A Frontier Investments & South African Petroleum Industry Assosiaction Funding Workshop supported by Nex Rubica Capital (Pty) South Africa

(NR Capital) Aug 2013 - Elidata signs with Nex Rubica Capital as Product Partner for Africa Strategy

(NR Capital) Jun 2013 - Nex Rubica Capital presents at the South African Suppliers Diversity Council: 2013 Synergy Conference and Business Opportunity Fair.

(NR Capital) May 2013 -  Nex Rubica Capital joins the Africa panel at The Exporta 5th Annual Trade & Commodity Finance Conference

(NR Indexes) Mar 2012 - Nex Rubica Capital acquires NR Indexes & Ratings LLP

(NR Capital) Jun 2011 - CNBC Africa - Regional Business Roundup on African capital markets

(NR Indexes) Feb 2011: Country Brief: Egyptian Market Highlights 

(NR Capital) Jan 2011 : Deep Impact in Nigeria's Financial Markets

(NR Indexes) Jan 2010: - Electronic Trading Sweeps Africa

NR Indexes: Sep 2008 - Kenya Firms among top performers in Nex Rubica’s African Equity Capital Markets Review

Benchmark Commentary: With the Egyptian Stock Exchange (EGX) still closed, the North African constituent of the NR Africa Top 40 and NR Africa Mid 45 became more sensitive to volatility in the Sub Saharan markets. Nigeria being the major driver in the Top 40 index dropped by -1.4% over the week. Increased price volatility in the Nigerian Banking sector saw more casualties with First Bank, Zenith Bank and Guaranty Trust Bank all losing ground as investors hastily bought shares following the coming M&A activity in the sector. Kenya remained the best performing country in the Top 40 with Telcoms reporting positive numbers of about 5.5% up from last week.

The NR Africa Top 40 saw $118,56mio worth of shares traded this week with liquidity levels on the Benchmark moving up to 0.1% from a year to date high of 0.6%. The NR Africa Mid 45 was less volatile dropping -17.9712 points over the week an equivalent of $31mio. Morocco was the major country looser as it dropped by -2.1% and Industrials by -0.9%. Kenyan stocks dominated the Top 5 list with Mumias Sugar and NIC Bank breaking through this week.

Index Rebalancing Week: The NR Africa Top 40 saw El Ezz Alexandria (Egypt) exit the basket, replaced by Suez Cement (Egypt).

 

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