Bahrain’s central bank has licensed a new broker. US-based XO will provide trading solutions and services to meet regional and global investor’s demands.
Belgian pension fund Antwerpse Waterwerken is planning to begin an emerging markets allocation, with at least 1% of the fund exposed to emerging markets by the end of 2011, Mena FM has learned
BlomInvest has launched a Saudi equity fund, in the first of an array of new offerings. The fund launched at the beginning of July with $11m, and has a target AUM of $25m.