Wednesday, 8 February 2012

GCC Mutual Fund Industry Survey 2011: Assets under management at top GCC companies decline - bi-me.com

GCC Mutual Fund Industry Survey 2011 was sponsored by Qatar Financial Centre Authority, PwC, Emirates NBD, Al Imtiaz Investment Company, and National Bank of Abu Dhabi.

Shashank Srivastava, Acting CEO of the Qatar Financial Centre Authority, said, “The QFCA is delighted to be a sponsor once again of this latest GCC Mutual Fund Industry Survey. It is an invaluable and comprehensive source of current opinion and information on the mutual fund industry in our region and demonstrates the significant development potential of the industry here for all market participants.

"We at the QFCA are strongly supporting this development and, in particular, the growth of Qatar and the QFC as a regional hub for asset management, offering firms one of the most business friendly tax environments, a legal system based on English common law, efficient administration and a robust regulatory regime.”

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