Qatar’s Emerging Market status to benefit asset managers

Qatar’s Emerging Market status to benefit asset managers:

"The MSCI’s decision to elevate Qatar from Frontier Market to Emerging Market status will significantly benefit Asset Management companies. A survey, jointly conducted by strategic research company “Insight Discovery” and Zawya in June/July2013, shows that the global Index compiler’s decision to enhance Qatar Indices to its universe of Emerging Markets is a very positive development.
Almost all of the 141 investors and other market participants surveyed think that flows of funds to Qatar and UAE (another market elevated along with Qatar) will increase.
However, there is a diversity of views as to which asset management companies will benefit the most from the elevation. Some 58 percent of survey respondents believe that the main beneficiaries will be international asset management companies that have a local presence in the GCC countries and which offer regional funds. Another 33 percent identify local/regional asset management companies. The remaining 9 percent think that the main winners will be international asset management companies which do not have a regional presence but which can offer regional funds. "

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