Middle East stock markets are poised to attract billions of dollars of funding as equity investors scour the globe for companies paying high dividends, a report from Deutsche Bank said.
As a result of falling yields on stocks and bonds in developed and emerging markets alike, exchanges that had looked unattractive because of poor liquidity or high levels of political or legal risk are now being seen in a new light by fund managers using dividend strategies.
"These strategies have seen over US$40 billion [Dh146.92bn] of net inflows over the past year, despite an outflow of an equal magnitude from equity funds in general," the report said. "The superior yields should persist and those investors seeking income could find the Mena [Middle East and North Africa] region rewarding."
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