Retail investors dump UK for Europe as election worries rise
UK equity funds saw their largest ever net retail outflow in March, the Investment Association said on Thursday, as investors’ preference for continental Europe continued to grow apace.
Middle East
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T Rowe Price Yule
Yule will join as of head of intermediary relationship management for UK and Ireland, establishing new wholesale and advisory contacts while maintaining relationships with the firms existing client base.
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Saudi Arabia opens 530bn stock market
Saudi Arabia is to open its stock market to direct investment by foreign financial institutions (FFIs) in the first half of next year, giving them access to its $530bn bourse.
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Initial boost to UAE and Qatar to be modest
UAE and Qatar will only see modest investment initially after being reclassified as emerging markets, says a leading asset manager.
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green shoots of recovery showing in uae
As other economies around the world have continued to falter in their attempt to return to sustained growth, the Middle East and in particular the United Arab Emirates (UAE) has shown green shoots of recovery and indeed growth in certain sectors.