Public Markets

Silk Invest currently offers three investment strategies managed by its public markets investment team.

Each product provides a different avenue to access these intriguing yet relatively untapped markets that carry a wealth of growth potential. We strongly believe in the product set we offer and therefore we invest our own capital into our funds to establish our alignment with our clients.

We, at Silk Invest, firmly believe that our fundamentally orientated strategy, combined with our local expertise offer a compelling insight into the Frontier & Emerging markets at a time where we are yet to see them reach their full potential.

How we invest

Silk Invest applies a well-defined, disciplined investment approach to each asset class, that aims to deliver returns over different market cycles in a consistent manner.

Within Equities, Silk Invest’s strategy focuses on investing in stocks which will both outperform their local peers and become true leaders in their field. We strongly believe in the short and long-term structural opportunity in the frontier markets, and the advantages for investment analysts and decision makers to be on the ground to capitalize on it. Silk Invest’s investment process incorporates fundamentally-driven, bottom-up stock analysis designed to outperform in the longer term with reduced volatility.

We maintain an unconstrained non-benchmark approach and invest in companies with successful local business models whose demand is driven by local consumers. The portfolio building process incorporates ESG standards and is designed to maximize annual returns while maintaining maximum diversification across the regions and sectors. The investment approach of Silk Invest is built upon these insights and perspectives.

Investment Approach

Bottom-up focus on business models

  • FM opportunity is not a top down bet on markets but a bottom-up investment in individual companies
  • Understanding market positioning, ability to sustain profit margins and management team is key

Local context in under-researched environment

  • Understanding local context helps to identify companies which have answers to local challenges
  • Only a select number of FM companies have the ability to fully capture the FM opportunity

Team approach but with clear decision making

  • Local specialists are fully empowered to source and identify local investment ideas
  • Investment committee owns the portfolio construction and top down macro overlay

Structural bias away from risk

  • No investments in volatile commodities companies
  • Deep exposure to broad consumer themes across market cap levels

Quantitative tools facilitate decisions

  • Universe screening model helps to focus assessment on highest potential firms
  • Target prices for all stocks using combination of tools including DCF and Multiples analysis

Track record of outperformance with lower risk

  • Long term investment horizon with the objective of outperforming reference indices with reduced volatility
  • Positioning as “no drama” investors with low turnover in a focused portfolio composed of high quality and well managed companies

ESG & SRI is not a tick box exercise

  • Signatories of UN Principles for Responsible Investment with six internally defined ESG criteria tilted to sustainability
  • Focus on alignment between management/shareholders and between companies/consumers

Our Strategies

Silk Invest has two distinct investment teams covering:

  • Public Markets – Three strategies focusing on Frontier Markets Equities, African Equities and African Fixed Income
  • Private Equity – A dedicated African Food fund investing in FMCG and a joint venture with a Nigerian real estate developer.

This website provides information about Silk Invest (UK) Ltd, which is authorised and regulated by the Financial Conduct Authority and conducts its investment business as defined in the Financial Services Act 2012 and the Financial Services and Markets Act 2000.

The materials herein are intended for professional clients, including investment advisers and consultants. It should not be distributed to, or relied on by retail clients or private customers. This site is not intended for persons resident in, or citizens of, any territory outside of the United Kingdom where, to allow such access, would require any registration, filing, licence or approval or other steps to be taken by Silk Invest (UK) Ltd in order to comply with local laws or other regulatory requirements in such overseas territory or would otherwise be contrary to any applicable law or regulation.

The contents of this site have been prepared solely for information purposes. None of the information contained on this site constitutes an offer to buy or sell, or a solicitation by Silk Invest (UK) Ltd to buy or sell, any security, product, service or investment. Nothing herein constitutes advice to purchase a particular investment or advice in relation to the tax consequences of any action, and independent professional advice should be taken before any course of action is pursued.

Investments do not guarantee a return and the value of and income from them may fall as well as rise. Investors may not realise the amount originally invested and may lose some or all of their investment. Past performance should not be seen as an indication of future results. The taxation regime applicable to an investor will depend on their individual circumstances. Silk Invest (UK) Ltd may provide services which relate to investment and tax products, some of which may be unregulated and/or based outside of the United Kingdom. Consequently, the regulatory protections available in respect of UK regulated schemes will not always be available.

This site is governed in accordance with the laws of England and Wales. By accessing the site, you agree to submit to the exclusive jurisdiction of the Courts of England and Wales and any adjudication they make in respect of litigation arising in connection with the use of this site.

No representation or warranty is given that the information or opinions contained in this website are accurate, reliable or complete. Any information contained within this website is subject to amendment, revision or updating at any time therefore, you should review it at regular intervals. Silk Invest (UK) Ltd reserves the right to suspend or withdraw access to the pages of this site without notice at any time and accepts no responsibility for these pages not being available at all times.

MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without limitation, any warranties or originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (

Please click the link below to confirm that you have read, understood and agree to the above terms.