Friday 26 October 2012

Saudi Gazette - KSA, UAE, Qatar spur Mideast fund industry

The regional fund industry is showing greater optimism and confidence in 2012 compared with 2011, Advent Software, Inc. said in its white paper titled “Middle East Fund Survey 2012”. It noted that the trust is driven by factors ranging from better expectations in individual company performance to better opportunities in the GCC markets – from improved market sentiment regarding the UAE property market to overall expectations of net inflows into the industry.

The survey also “clearly validated the strength of the Saudi Arabia, Qatari and UAE markets in terms of liquidity and size.”

The volume and size of project activity in Saudi Arabia, UAE and Qatar also make them very lucrative for both local and international fund companies and distributors as well as for investors.

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