World economy is expected to grow 3.7 per cent in 2017, which, while unimpressive by historical standards, suggests meaningfully firmer growth than in 2016, says Barclays, the UK-based multinational banking and financial services company.
Gold is viewed as the best protectionist investment, with a record net 15 per cent of investors considering it undervalued, according to the latest Bank of America (BofA) Merrill Lynch Fund Manager report.
The BofAML Global FMS Ma
Emirates NBD (ENBD) Asset Management has identified Saudi Arabian equities as an area of strategic focus due to the significant growth potential and is targeting medium to long term capital growth in the Saudi market through its Mena funds.
Emerging markets equities, especially those in Asia, are likely to deliver a good returns in 2017 to investors with the appropriate risk appetite, given the improved macroeconomic fundamentals in these economies, said an industry expert.
Middle East fund managers have become more bullish towards equities in the region over the past month because of flows of money into emerging markets globally, but they remain wary of the direction of oil prices, a Reuters poll found.
With the US economy likely late in its cycle, equity markets fully valued and increased volatility following the Brexit decision, there are significant risks to the outlook for global equities, an industry expert said.
By 2020, private wealth in Oman will rise from $0.3 trillion to $0.4 trillion, according to a new report by The Boston Consulting Group (BCG).
In the next five years, the growth of private wealth in Oman will be driven primarily b
Middle East fund managers are reducing their cash holdings and building back long positions in equities and fixed income because of signs that markets have bottomed out, a monthly Reuters poll shows.
During the previous six months
Gulf International Bank (GIB) is offering low volatility and protected strategies on global and regional equities.
In the last few years, markets have suffered from bouts of elevated volatility and large swings
Middle East fund managers have become more positive on Saudi Arabian equities after valuations dropped and because of signs that oil prices may be bottoming out, a monthly Reuters survey shows.
Late last year, managers became bear