New identity unveiled following $13.7bn Kamco-Global merger - Arabianbusiness:
Kuwait-based Kamco Investment Company has unveiled its new identity, Kamco Invest, after completing a merger with Global Investment House.
The new company’s assets under management stands at about $13.7 billion, ranked as the fifth largest asset manager in the Gulf region.
Faisal Mansour Sarkhou, CEO, said the merger comes at a crucial phase in Kamco’s implementation of its growth and expansion strategy which was initiated back in 2014.
He said: “Today we are in the second phase of implementing our strategy as we become a more competitive investment company in the local and regional markets. Kamco Invest will offer clients an integrated set of investment solutions, a wealth of expertise and advanced systems that are inline with the best international standards within this sector.”
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