MENA fund managers increase investments in UAE, Egypt: poll | ZAWYA MENA Edition:
Middle Eastern funds plan to increase their investments in the United Arab Emirates (UAE) and Egypt over the next three months, while largely keeping their exposure to other countries in the region at current levels, according to a Reuters poll.
Dubai was one of the world's worst performing markets last year but six out of 10 fund managers polled in March said they would increase their allocations to the UAE.
One said he was picking specific stocks rather than allocating broadly to the country, however.
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