Latest News

Mena managers in line for Shariah-compliant mandate
13 Aug 2011
Allocations, Montague Capital, News, pension, Pointon York, Shariah-compliant
Mena-based managers are set to win mandates for a new suite of UK-based Shariah-compliant pension products, Mena FM has learned
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Indices rush to upgrade UAE before MSCI decision
12 Aug 2011
Emerging Markets, MSCI, News, Russell, S&P Indices, UAE
Russell’s Global Index has upgraded the UAE from frontier to emerging market status, and S&P Indices is likely to follow suit, Mena FM has learned
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PFCS to boost EM exposure through bonds
12 Aug 2011
corporate bonds, Emerging Markets, FPCS, News, Pension Fund of Czech Savings Bank, Searches
The Pension Fund of Czech Savings Bank PFCS is to increase its emerging market allocations through corporate bonds, Mena FM has learned
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OPPRS set to make first EM allocation
12 Aug 2011
Emerging Markets, News, Oklahoma Police Pension and Retirement System, OPPRS, Searches
The $1.8bn Oklahoma Police Pension and Retirement System (OPPRS) is conducting a search for a new emerging markets manager
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Arqaam rolls out new value-seeking fund
11 Aug 2011
Amin El-Kholy, Arqaam Capital, Launches, News, value fund
Dubai’s Arqaam Capital has launched its second fund, targeting value stocks across Mena
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TSI targets stock equities with double launch
10 Aug 2011
Launches, News, Tunisia, Tuniso Saoudienne D'Intermediation
Tunisian broker Tuniso Saoudienne D’Intermediation SA (TSI) has simultaneously launched two funds, FCP Afek CEA and FCP Al Imteiz.
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Saudi’s Al Khabeer launches debut product
9 Aug 2011
Al Khabeer Capital, GCC equity, Launches, News, Saudi Arabia
Saudi Arabian investment bank Al Khabeer Capital has launched its debut public fund offering.
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Franklin Templeton closes Mena fund in Canada, launches frontier play
8 Aug 2011
Canada, Closures, Franklin Templeton, Launches, Mark Mobius, News
Franklin Templeton has closed its Mena fund to Canadian investors, citing a lack of interest in the region
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ME fund optimism threatened by regulatory concerns
7 Aug 2011
Advent, ESCA, News, regulation, research
The Middle East’s fund market is improving, but fund managers should be making changes ahead new UAE asset management regulations, according to new research.
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Emirates NBD relaunches Islamic alternatives strategy
5 Aug 2011
alternatives, Deon Vernooy, Emirates NBD, expansion, GLG, Islamic, Launches, MAN, News
Emirates NBD is planning to relaunch its Emirates Islamic Alternative Strategies Fund in collaboration with MAN/GLG, Mena FM has learned.
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Mena jobs uncertain as HSBC culls offices
4 Aug 2011
H1, HSBC Global Asset Management, News
HSBC has announced plans to cut approximately 30,000 jobs globally and exit operations in 20 countries over the next two years, despite strong H1 Mena profits
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FMG launches ‘Rising 6’ fund targeting Mena
4 Aug 2011
FMG, Fund Management Group, fund of funds, Launches, News, Rising 6
Offshore fund of funds Fund Management Group (FMG) has launched a ‘Rising 6’ fund to invest in economies showing sustainable long-term growth prospects.
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