Wednesday 18 November 2009

Global firms seek fund managers from Mena

Demand for fund managers in the Middle East and Africa (Mena) is growing as financial firms worldwide look for investment opportunities in emerging markets, senior executive of an investment company told Emirates Business.

Fund managers in the region who have experience in Mena markets would be able to make better decisions and more companies expecting to launch their Mena-focused funds are looking for talent that exists here, said Daniel J Barnett, Chief Executive Officer, Revere Capital Advisors.

The company also plans to come up with an emerging markets fund by the middle of next year.

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