POLL- Mideast funds more cautious on bonds, Saudi plans draw interest | ZAWYA MENA Edition

POLL- Mideast funds more cautious on bonds, Saudi plans draw interest | ZAWYA MENA Edition:

"Middle East fund managers have become more cautious about investing in regional bonds while ambitious economic development plans in Saudi Arabia have increased interest in equities there, a monthly Reuters poll shows. Twenty-three percent of regional funds expect to reduce their allocations to fixed income in the next three months while 8 percent expect to increase them, according to the poll of 13 leading managers conducted over the past several days (for full poll results, click). That is a shift from last month's poll, when 15 percent expected to increase fixed income allocations and 15 percent foresaw reducing them."



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