Ex-Soros Money Manager Zuaiter to Start Dubai Hedge Fund - Bloomberg:
"Ahmad Zuaiter, a former money manager for Soros Fund Management LLC, is starting a hedge-fund firm to invest in countries such as Argentina, Nigeria and Vietnam just as emerging markets are selling off.
Zuaiter, who managed money for Soros from 2006 to 2011, said his Dubai-based Jadara Capital Partners LP will focus on stocks related to such “frontier markets” as Pakistan, Morocco, Zimbabwe, Iraq and the United Arab Emirates rather than larger emerging-market countries like China, India and Russia. He plans to start trading by the second quarter of this year.
“This is almost a perfect time to invest in many of these countries because of their accelerating growth and strong fundamentals,” Zuaiter, 45, said by telephone. “Generally speaking, frontier markets are positioned to grow at a much better rate than emerging markets.”"
'via Blog this'
No comments:
Post a Comment