The New Generation fund administration platform – this is perhaps how we should now refer to Mauritius. As at February 28, 2007 more than US$36 billion were invested by Mauritius domiciled investment funds, including in Indian equities.

This paper first lists the main comparative advantages of Mauritius for establishment of investment funds and then discusses the specific merits of Mauritius as the natural domicile for Africa Funds.

Mauritius is now well known as an international financial services center for setting up and administering investment funds. Indeed as at 31 March 2007, more than US$36 billion were invested by Mauritius funds into equities globally, and principally in emerging markets.