Thursday 3 October 2013

UAE investors look east as growth of developed economies slows, HSBC says | The National

UAE investors look east as growth of developed economies slows, HSBC says | The National:

"Retail investors in the UAE are increasingly looking to Asian markets to park their cash.

Sluggish growth in some developed economies is encouraging more investors to look east, says Dan Rudd, HSBC Global Asset Management’s head of the Middle East and North Africa.

HSBC yesterday unveiled a series of Asia-focused investment products for UAE investors.

The move follows local investors’ growing demand for investment opportunities in Asia."

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