IFS targets expatriates with new office based in Qatar By International Adviser  19-Oct-2009 08:00 AM
IFA firm International Financial Services has opened a Qatar office, its first outside the Far East.

Gulfmena gains asset management approval in Dubai By International Adviser  12-Oct-2009 08:00 AM
Gulfmena Alternative Investments, a Middle East North Africa (MENA) region absolute return fund house, has received an asset management licence from the Dubai International Financial Centre (DIFC).

HSBC Mena fund finally launched By Fund Strategy  09-Oct-2009 05:00 PM
HSBC Global Asset Management has launched a fund investing in the Middle East and North Africa (Mena) region.

Investec backs Africa’s macro-economic fundamentals By Barney Hatt  27-May-2009 02:00 PM
Africa’s positive macro-economic fundamentals remain intact with GDP growth for 2009 expected to outpace developed markets, according to Investec Asset Management’s Africa investment team.

Majid Al Futtaim unveils MENA equity fund By Barney Hatt  26-May-2009 10:40 AM
Majid Al Futtaim Asset Management, the asset management arm of the Majid Al Futtaim Group, has announced the launch of its first MENA equity product, the Elite MENA Equity Fund.

HBSC: Mena stock markets ‘set to bounce back’ By Barney Hatt  23-May-2009 11:59 PM
The Bahrain and regional stock markets are likely to bounce back towards the end of the year, according HSBC head of securities for the MENA region Jayant Rikhye.

Samena aims to exploit Japan’s ‘perfect storm’ By Barney Hatt  19-May-2009 11:50 AM
Samena Capital, an investment manager specialising in Asian and emerging markets outside Europe, has launched a Cayman-domiciled absolute return fund to take advantage of the ‘perfect storm’ conditions for investing in Japan.

Rasmala lists MENA fund on Irish exchange By Barney Hatt  08-Apr-2009 01:00 PM
Rasmala Investments has listed its MENA Equity Opportunity Fund on the Irish Stock Exchange.

Emirates NBD unveils MENA equities fund By Barney Hatt  01-Apr-2009 02:40 PM
UAE banking group Emirates NBD has launched an equities fund that will invest in a range of securities in the MENA region.

Global Investment House restructures board By Barney Hatt  12-Mar-2009 11:01 AM
Kuwait-based investment manager and brokerage firm Global Investment House has restructured the organisation as part of the company's long-term strategy.

SHUAA Capital subsidiary appoints new CEO By Barney Hatt  09-Mar-2009 12:30 PM
SHUAA Capital has appointed George Shehadeh as a new chief executive officer to its Qatar-based subsidiary Amwal.

Nomura cautious on UAE real estate sector By Barney Hatt  18-Feb-2009 11:50 AM
Nomura has announced a “fundamentally cautious view” towards the UAE real estate sector in its Middle East real estate note.

Fidessa expands in Middle East By Barney Hatt  27-Jan-2009 12:25 PM
Fidessa has announced plans to establish a Middle East headquarters in Bahrain and said it will roll out new products and activities in the region next month.

Barclays appoints MENA chief operating officer By Barney Hatt  12-Jan-2009 12:33 PM
Barclays Wealth has recruited Steven Fedor as chief operating officer for the Middle East and North African wealth management operations.

UK government shifts on oil speculators: time to change tack as an investor? By Rob Mackinlay  22-Dec-2008 12:00 PM
Latest comments attributed to energy secretary Ed Miliband suggest that the UK government is making a U-turn on the effect of commodites speculators on the price of oil. The culprits could include retail investors who buy oil (e.g. via ETFs) rather than shares in oil businesses like BP.

UPDATE: Africa fund suspended - Nigeria dollar stampede risk By Rob Mackinlay  11-Dec-2008 03:14 PM
New Star’s Heart of Africa Fund has suspended trading due to redemption and liquidity problems in the sub-Saharan markets.

Goldman Sachs and Morgan Stanley in ETF joint venture By Rob Mackinlay  05-Dec-2008 08:15 AM
Morgan Stanley and Goldman Sachs are in the process of setting up an exchange traded fund (ETF) provider similar to Barclay’s iShares, Société Générale’s Lyxor and Deutsch Bank’s db x-tracker.

MENA: ‘most improved’ region for entrepreneurs By Barney Hatt  04-Dec-2008 03:00 PM
Entrepreneurs in Middle East and Africa believe it has become easier to be a successful entrepreneur over the last decade.

China unrest myth? Ashmore By Rob Mackinlay  04-Dec-2008 12:00 PM
Unrest in China will not develop into a serious threat to stability and emerging markets influence on global economics will increase, according to Ashmore, the FTSE 250 emerging markets asset manager.

500% increase in ETF sales needed for gold to breach $1000 – Ambrian gold report By Rob Mackinlay  02-Dec-2008 05:02 PM
Citigroup sees gold above $2000 per ounce in the near future, JPMorgan is also bullish citing currency fears as the main driver – but analysts at Ambrian Capital say gold will not breach $1000.

China asset managers speak out on threat of peasant unrest By Rob Mackinlay  05-Nov-2008 12:10 PM
Asset managers have been reluctant to comment on the likelihood of serious social instability in China.

BNY Mellon Asset Management appoints Middle East asset management head By Leonora Walters  04-Nov-2008 10:30 AM
BNY Mellon Asset Management has appointed Thomas Connolly as managing director, head of asset management for the Middle East region.

Citi opens fund administration service in Bahrain By Leonora Walters  03-Jul-2008 12:30 PM
Citi has set up a branch of its global transactions services business which administers funds in Bahrain.

Schroders adds to Middle East team By Leonora Walters  30-Jun-2008 06:00 PM
Schroders has appointed Maha Soueissy as a Middle East equity analyst in its Dubai office, following the appointment last week of Rami Sidani as Head of Middle East & North Africa (MENA) Portfolio Management.

Schroders strengthen Middle East team By Leonora Walters  24-Jun-2008 06:30 PM
Schroders has appointed Rami Sidani as head of Middle East & North Africa portfolio management, and co-manager of the Schroder ISF Middle East Fund, and expects to announce further hires to cover this area in the near future as it builds on its Middle East offering.

Back to top of page