uae investors sacrifice returns for safety
Fear is driving investors in the United Arab Emirates to sacrifice performance in favour of preserving capital, according to a study published today.
Fear is driving investors in the United Arab Emirates to sacrifice performance in favour of preserving capital, according to a study published today.
The Alternative Investment Management Association has launched a Middle East initiative which will aim to “give the industry a voice” to regulators and policymakers and help engage with investors.
Janus Capital International has opened a representative office in Dubai, its first in the Middle East.
The Emirates Securities & Commodities Authority (SCA) recently issued new mutual fund regulations, which came into effect on 26 August 2012.
A total of 3,700 advisers are working in the UAE, which is a far bigger number than previously estimated and could imply that “the sector is over advised”, according to strategic consultancy Insight Discovery’s latest study.
Barwa Bank, a Qatar-based Shariah compliant bank, has launched its first fund.
One of Dubai’s main regulators has warned investors not to use a US-headquartered company which claims to be regulated to operate from the Dubai International Finance Centre.
Invesco’s latest weighty Gulf investor research report has revealed how a short term opportunity to invest in interest rate differentials is influencing local and expat investment behaviour.
Standard Chartered, the London-based, Asia-focused banking group, has restructured its capital markets and syndications operations in the greater Gulf area, giving new responsibilities and expanded titles to Steve Perry and Salman Ansari.
Nasser Saidi, one of the Gulfs best-known economists and a crusading corporate governance advocate, has left the Dubai International Financial Centre after more than six years as its chief economist.
Saudi Arabias regulator the Capital Market Authority has surprised many in the Gulf region by issuing a strongly worded warning notice to those operating without a licence in the country.
Private independent bank Arbuthnot Latham has brought on board Linda Amili Clack to fill the newly-created position of international banking director and head of Middle East private banking.