Mauritius has spent the last five years improving its financial infrastructure and fund regulation and is now reaping the rewards. “In the last 18 months there’s been a definite increase in South African hedge fund businesses coming to Mauritius,” says Simone Lowe, manager of Thames River’s Africa-focused FoHF. The locale will also benefit from India’s potential as a centre of hedge fund management.
Chances of joining the big league
Promising. Close to South Africa, tax-efficient and English-speaking, Mauritius has experienced some of the biggest growth in Africa in terms of financial services in recent years. “Their aim is to be the jurisdiction of choice,” Lowe says.
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