Wednesday 29 June 2011

UAE, Qatar likely to emerge bullish - The National

Nadi Bargouti, the head of asset management at Shuaa Capital for almost two years after a stint with Samba Capital in Saudi Arabia, ran the Mena region's best-performing fund last year.

The UAE and Qatar have just had their upgrade to emerging markets status delayed by MSCI. Why the delay, in your view? Do you think they will make the upgrade in six months' time?

The delay, in our view, was due to the need to allow sufficient time for investors to assess Qatar's and the UAE's recent market enhancements and to the foreign ownership limit (FOL) issue in Qatar to be resolved.


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