Crude oil prices jumped as much as 2 per cent in early Asian trade on Tuesday, shrugging off big drops in Japan's stock market and eroding some of the previous session's losses that were driven by festering concerns about global oversupp
The equity partners of Cluttons have elected Steven Morgan, their current Middle East CEO, as the business’ new senior partner, with the role to commence at the start of the company’s new financial year in April.
Many Middle East fund managers expect to start rebuilding their regional equities holdings in the next few months and have become less bearish towards bonds, a monthly Reuters survey shows.
The survey of 14 leading fund managers,
Deutsche Bank has expanded its equity research operation in the Dubai International Financial Centre (DIFC) as three equity analysts mainly focusing on emerging markets equity research join the team.
Portfolios should continue to focus more on equities and away from the overpriced bond market as the current economic climate will remain unchanged during the first quarter (Q1) of 2016, an industry expert said.
Vic Malik, head of
Asian shares rallied on Wednesday with Japanese stocks leading the way, while investors' bigger risk appetite pushed up US debt yields and lifted the dollar.
MSCI's broadest index of Asia-Pacific shares outside Japan gaine
Middle East fund managers have on balance turned negative towards equities in the region because of low oil prices, instability in the global economy and the prospect of monetary tightening, a monthly Reuters survey shows.
Asian stocks on Monday were close to wiping out all their losses since China's shock currency devaluation in August, as global equities rallied after the Chinese central bank cut rates to shore up faltering growth.
Stocks on major world markets posted their biggest weekly advance since 2011 on Friday, as greater investor appetite for riskier assets propelled gains in equities and a surge in commodities and crude oil prices.
Declines in the d
Greenstone Equity Partners, a leading independent fund placement firm in the Middle East, has closed a two-year direct transaction agreement with Tri-Star Resources which raised a total of $70 million to fund the first commercial-scale antimon