Faisal Sarkhou
Asset managers to launch paper on fixed income
DUBAI, December 24, 2018
Emirates NBD Asset Management, Kamco Investment Company and Fisch Asset Management will partner to co-author research examining key trends driving performance of Mena and emerging market Fixed Income instruments, reviewing 2018 and providing an outlook for 2019.
The three asset management companies, who have combined Assets under Management (AuM) of more than $25 billion, have come together for a content partnership to publish their inaugural co-authored whitepaper, which will be available to investors and the media in January 2019. The whitepaper will analyse recent trends impacting Fixed Income markets, macroeconomic drivers in Mena, the evolution of Fixed Income issuance in the region, risk factors and an outlook for 2019.
Faisal Sarkhou, chief executive officer, Kamco added: “Over the past months we have seen considerable appetite for Fixed Income products from investors in Kuwait and the wider GCC. Due to that we have launched our Kamco Mena fixed income fund to cater to the demand of such product in the region.
“We believe this project and its output will be of considerable value to the investor community, and particularly institutional investors looking to further understand the opportunities that exist in this asset class while considering their allocation strategies for the year ahead.”
Philipp Good, CEO and Head of Portfolio Management, Fisch Asset Management, concluded: “We believe our research partnership with Emirates NBD Asset Management and Kamco will be a valuable initiative for providing regional and international perspectives on the region’s debt market. The robust performance of GCC instruments in 2018 undoubtedly stands out when compared to emerging market peers, but the substantial drop in oil prices translates into challenges for the coming years. We see value in exploring broader Mena and emerging market trends, providing investors with a wide range of insights from our portfolio management teams.”
The white paper will be formally released to the media in January, after which the three asset managers will co-host a series of invitation-only investor and media events in Kuwait, Dubai and Zurich. – TradeArabia News Service