Bahrain-based Securities and Investment Company (Sico) has announced its GCC-based equity funds outperformed peers and benchmarks during the first half.
The funds benefited from the improved performance of GCC stock markets during
Oasis, a global fund manager and leader in the Shari’ah investment arena, has launched its Oasis Crescent Global Low Equity Balanced Fund.
In an environment of rising inflation and increased volatility, this launch comes at an opportune ti
Regional equity funds bounced back into the black in the first quarter of the year after a negative start and share issues also improved.
The first quarter GCC Fund Market Insight Report from Lipper, a Thomson Reuters company, revealed tha
GCC equity funds continued the upward trend noticed during the second quarter, gaining 16.31 per cent on average, bringing year-to-date performance to almost 39 per cent, according to a report from Lipper, a Thomson Reuters Company.
Bank Sarasin's new Dubai unit will launch two equity funds worth up to $1 billion to target Gulf and Middle East stocks which it believes are undervalued, an executive said on Tuesday.
Chief investment officer Burkhard Varnholt said the Sw
Allianz Global Investors has chosen Bahrain for its Middle Eastern office and is set to launch two Sharia-compliant equity funds for the region.
Allianz Global Investors is the asset management arm of the Allianz Group, one of the world's
HSBC Saudi Arabia has added two new local equity funds to its local equity fund family.
The bank has launched the HSBC Saudi Equity Index Fund and the HSBC Petrochemical Equity Opportunities Fund.
The new funds, which capital