Sunday, 3 October 2010

SICO positive on growth opportunities for GCC regional asset management industry

The impact of the global financial crisis on the GCC investment management industry will come under the spotlight at the Fund Forum Middle East 2010 conference to be held in Bahrain on 4th to 6th October.
Securities & Investment Company is a wholesale bank offering a selective range of investment banking services, including asset management, brokerage, corporate finance and market-making, on a regional basis and with a particular emphasis on Bahrain. Through its wholly owned subsidiary, SICO Fund Services Company (SFS), SICO also provides custody and fund administration services.

As of June 30th , 2010 , SICO reported total assets of BD76.340m, with shareholders' equity of BD53.170m. SICO's shares have been listed on the Bahrain Stock Exchange since May 2003. Securities & Investment Company was the first 'closed' company to list on the exchange.

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