ID :
124450
Wed, 05/26/2010 - 16:49
Auther :
Shortlink :
https://oananews.org//node/124450
The shortlink copeid
Abu Dhabi's Invest AD and Hong Kong's Quam to offer Asian investors access to Middle East
Abu Dhabi, May 26, 2010 (WAM)- Invest AD, the Abu Dhabi-based investment company, and Hong Kong-listed Quam Ltd. have formed a partnership to offer Asian investors access to Middle East equities markets. Invest AD will act as a sub-advisor, picking stocks for investment products offered by Quam to its strong network of professional investors in Hong Kong and Taiwan.
Middle East markets lagged last year, but have outperformed most of the world so far this year: MSCI Arabian Markets outperformed in the first four months of 2010 with 15.1% rise, compared with 3.6% MSCI Emerging Markets and 3.3% by MSCI World.
Invest AD manages four of its own equities funds investing in the Middle East and Africa, and signed a similar agreement to play a sub-advisory role for funds managed by German private bank, BHF BANK, last year.
Middle East markets lagged last year, but have outperformed most of the world so far this year: MSCI Arabian Markets outperformed in the first four months of 2010 with 15.1% rise, compared with 3.6% MSCI Emerging Markets and 3.3% by MSCI World.
Invest AD manages four of its own equities funds investing in the Middle East and Africa, and signed a similar agreement to play a sub-advisory role for funds managed by German private bank, BHF BANK, last year.
