The opening of the Saudi Stock Exchange to foreign institutional investors in June 2015 has had a significant effect on capital flows in the GCC region, according to the sixth annual Middle East Asset Management Study from Invesco. The study is based on qualitative answers from some 167 interviews with sovereign wealth funds, state pension […]
John Sfakianakis, regional director for the GCC, Ashmore Investment Saudi Arabia, gives a view on what the ‘new normal’ oil price levels mean for the GCC region and for equity markets given recent price moves in oil. The Gulf economies have experienced the longest period of economic growth and prosperity since the advent of oil. […]
RBC Wealth Management, part of Royal Bank of Canada has appointed Yousif Banayoti as a director for its London-based Middle East & Levant desk.
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.