Monday, 17 March 2014

Trader profile: Bassel Khatoun’s investment outlook on Middle East stocks | The National

Trader profile: Bassel Khatoun’s investment outlook on Middle East stocks | The National:



"Bassel Khatoun is co-head of Mena equity local asset management at Franklin Templeton Investments Middle East. Lebanese-born but raised in Britain, he joined the company in 2007 when it was Algebra Capital. He previously worked in the investment banking division of Citigroup in London.



What is the asset class and geography are you focused on?



I am focused on Mena equities which, after a year of strong returns, are an area of renewed interest among international investors. Despite the importance of the Mena region in the world economy continuing to rise, Mena equities remain a hugely under-represented asset class in global portfolios. We expect this material disconnect to change over time. In our opinion, the long-term growth potential of the region and the gradual development of its capital markets present investors with an attractive opportunity today."



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