Henderson's Mark Harris has built a significant position in Middle East and African equities in his three multi-manager portfolios.
HSBC Asset Management's Middle East and North Africa (Mena) team have increased their exposure to the United Arab Emirate (UAE)'s unloved real estate stocks because of increasing demand for low-cost housing.
ON EMERGING MARKETS
Baring Asset Management's new Middle East and North Africa (Mena) fund has officially launched after raising $8m in its two week initial offer period.
Investec Africa & Middle East manager Roelof Horne remains positive on prospects in the developing regions despite expecting the fallout from Dubai debt exposures to continue through 2010.
Barings is to launch a Dublin-domiciled Ucits III Middle East and North Africa (Mena) fund.
Emerging market currencies have rallied strongly after a rough opening to the year. Globalisation, the structural driver for the asset class, continues.
Thames River Capital has launched a multi-manager offering designed to invest in asset classes across African and Middle East markets.