The asset management industry in the GCC is set to receive a boost as more corporations look to bond markets to raise fresh funds, Dexia Asset Management (Dexia AM) says.
The firm, which manages assets of about €100 million (Dh549m) in the Middle East, says international investors are showing a growing interest in the Gulf due to its economic strength and demographics
However, international participation in the region would be increased further if Gulf markets were upgraded to emerging market status by index compiler MSCI, said Firas Mallah, the regional head based in Bahrain of Dexia AM.
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