QETF debut is seen attracting up to $5bn inflows from global investors:
"Doha yesterday witnessed the debut of the Gulf region’s largest exchange traded fund (QETF) through which its founder Doha Bank is expecting $2bn to $5bn inflows from global investors. The open-ended fund, with an initial authorised capital of QR150mn raised through private placement, is also eyeing listing elsewhere in the world as part of measures to showcase Qatar’s success story. The QETF, established by Doha Bank and managed by Amwal, will have among the lowest expense ratios of any Middle East and North Africa equity fund globally and will make annual distributions to unit holders based on income received from the underlying securities."
'via Blog this'
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