Saudi Arabia has today opened its $570bn (£367.7bn) Tadawul stock exchange to direct foreign investments for the first time, which is being widely seen as a crucial stepping stone to the kingdom’s entry into the MSCI Emerging Markets index.
Five weeks after its launch, the investment arm of the National Bank of Abu Dhabi’s MENA bond fund is now fully invested in a spread of government and corporate bonds with an average credit grade between AA- and BBB.
Barings Asset Management is launching a Frontier Markets Fund with a high conviction stance on Africa, an approach higher-risk investors could see bring them attractive returns, according to Chelsea's Juliet Schooling-Latter.
Gemini Investment Management is to manage the European distribution of two Mena funds on behalf of the National Bank of Abu Dhabi (NBAD).
Andrea Nannini suggests the events in the MENA territories were dramatic but short-lived.
