Monday, 10 October 2011

gulfnews : Retail asset management industry in nascent state

Despite growing capital pools and rising wealth of expatriates, the region's retail asset management industry remains very nascent.

Experts at the recent Middle East and North Africa (Mena) Investment Management Forum in Doha said there is indeed a "wall of money" in the region, however, individuals with investible cash are either looking for opportunities elsewhere or reluctant to place their wealth with investment managers.

"It's an emerging industry here. The retail market is very underdeveloped," said George Pickering, managing director for policy, enforcement and risk division of the Qatar Financial Centre Regulatory Authority.

1 comment:

  1. Great post to given good idea of retail asset management. It's beneficial to get good suggestion of increase and do growth of retail asset.

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