Monday, 31 August 2015

Bahrain’s Investcorp says market volatility won’t hit business | The National

Bahrain’s Investcorp says market volatility won’t hit business | The National:



"Investcorp expects its business to sail through the volatility in global and local markets, its co-chief executive said on Sunday after the alternative investment fund posted a 13 per cent increase in full-year net income.



Gulf investors are still looking to deploy their existing wealth into new investments, especially to diversify outside of the region, Rishi Kapoor told reporters on a conference call.



“We have had similar situations in the past, either led by oil price declines or regional geopolitical tensions, but Investcorp has positioned itself as a conduit for investors to allocate a position of their current wealth to attractive investment opportunities in the US and Europe."



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