Finnish manager FIM’s Sahara fund has been awarded a 5 Star rating by Morningstar. The fund, which has returned over 10% annually since inception, has seen its euro share class gain some 105% over the past three years. Managers Hertta Alava och Mika Kannisto invest in Africa and the Middle East, areas of relatively new […]
Deutsch Asset & Wealth Management (Deutsche AWM) has listed the first Europe’s ETF providing exposure to Middle Eastern states equities on the Deutsche Börse and expects to list it on the London Stock Exchange. The db x-trackers MSCI GCC Select Index Ucits track the equity markets of the Gulf Cooperation Council countries. Sixty-five percent of the fund is […]
John Sfakianakis, regional director for the GCC at Ashmore Group, discusses below why the 2015 budget for Saudi Arabia is resilient in the face of lower oil prices. The recently announced 2015 budget sent an important message about the country’s ability to withstand large oil price shocks and to smooth out any second round effects […]
SECO Capital, the Saudi Arabia based asset manager, is offering investors direct access to the country via its first in house managed fund – GCC Equity – a Luxembourg based fund that will be seeded with $30m at launch. The fund sits alongside thirteen other funds from the manager, which offer exposure to different geographies […]
The United Arab Emirates (UAE) is the key beneficiary of private capital flow into the Gulf Cooperation Council (GCC) region, according to the fourth annual Invesco Middle East Asset Management Study, with capital from emerging markets, notably India, Russia and China, overtaking those from developed markets.
The biggest concern for global financial markets among Middle East intermediaries is the ongoing eurozone crisis, according to the latest annual poll of advisers by Invesco Asset management Limited.
The savings, investments and life insurance industry stand to benefit from progressive regulations in the GCC region, according to a new report by strategic research consultancy, Insight Discovery.
There are huge opportunities for life companies throughout the Middle East, particularly the Gulf Cooperation Council countries, a report by Insight Discovery says.
The Middle East region, particularly the six Gulf Cooperation Council (GCC) countries represents huge growth opportunities for businesses of international life companies and international asset management companies.
Strong corporate returns are driving the flow of year-on-year capital within family offices in the Gulf Cooperation Council (GCC) from personal assets to corporate (family business) assets, according to the third annual Invesco Middle East Asset Management Study.
The total assets under management of all Sovereign Wealth Funds globally is around $4.6trn and they are increasingly interested in alternative investments, according to discussion recorded at an Opalesque Gulf Round Table.
Abu Dhabi Capital Management is to list Qannas Investments Limited on London’s Alternative Investment Market. Caroline Allen reports.