Much has been made of local investors’ reluctance to invest in local fund managers. Mena FM asks investors why they look past the region and what
local managers can do to change their minds
With strong banking and private equity sectors, Lebanon’s niche markets are good bets for long-term investment. But does Lebanon have what it takes to be Mena’s next major finance hub?
The Arab Spring has the potential to reshape the Mena fund industry – but will this change be for the better? A visit to Egypt suggests there will be more to the recovery than the expansion of the local financial industry
Discretionary portfolios now represent around two thirds of all assets under management. This growth is good news for the industry, but with Mena investors demanding much more from their asset managers, does this expansion in the client base come at a price?
The EBRD is setting its sights on Mena’s Mediterranean markets with a €2.5bn plan to stimulate growth in the region’s fund industry. With investment due to start before the year’s end, all it needs now is to find the right managers
Already one of the largest asset managers in the UAE, NBAD is now diversifying, with a new emphasis on fixed income, and an investment group business that seeks to maximise the potential of external fund managers
After decades of unrest, Iraq suddenly represents an exciting investment prospect for fund managers across the world. Three upcoming telecoms IPOs look set to bolster the country’s $2-3bn stock exchange as the opportunities just keep on coming
Libya’s investment potential has stalled in 2011 as the country fought to resolve a drawn-out civil war. But as the sun sets on the old regime, there are opportunities amid the rubble for both fund managers and investors alike
Current unrest in the Mena region is driving new opportunities in cross-border investment and a ave of special situations funds are ready to take advantage of market dislocations with a long-term view
Is Mena asset management in terminal decline? A recent report from Insight Discovery certainly seemed to confirm fears that regional advisers are shying away from local investments. Mena FM takes a closer to find that things are not quite as bad as they seem.
Over the past four years, Emirates NBD’s asset management business has grown into one of the UAE’s leading players. But senior executive officer Deon Vernooy has bigger fish to fry, with expansion planned in Europe and Asia and a high-profile investment partnership on the cards
Mena fund funds have evolved markedly in the past three years, but many investors are still waiting for the right time to allocate. Feri Institutional Advisors’ head of hedge fund manager selection Marcus Storr reveals why he is almost ready to invest in a Mena manager and what was holding him back in 2008