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.
UK investors can access the Saudi Arabian market direct via a closed-ended fund of funds offering fro...