Bahrain has the world's second-highest density of millionaires with 123 out of every 1,000 households holding private wealth greater than $1 million, according to a new report.
The Boston Consulting Group (BCG)'s "Glo
Private wealth in the UAE is projected to post a compound annual growth rate (CAGR) of 10.7 per cent to reach an estimated $1 trillion in 2019, a study said.
Private wealth in the United Arab Emirates (UAE) showed solid growth in
Sadiq Hussain, JP Morgan's head of equities for the Middle East and North Africa, will join Egypt's EFG Hermes in August as head of business development for asset management, a source familiar with the matter said.
Equity markets worldwide climbed to record highs on Friday as solid corporate earnings and an all-time peak for the Nasdaq stock index stoked investor optimism, while the dollar eased on gloomy US economic data.
Investors worldwide see growing overvaluations in both bonds and equities and have signalled concern about a valuation bubble forming, a report said.
The proportion of global investors saying equity markets are overvalued has reac
Equities will be the best-performing asset class in the next 12 months according to 51 per cent of high net worth (HNW) investors in Europe, while a fifth (18 per cent) said oil could outperform in 2015, according to a report.
The current cycle of “extend and pretend” is coming to an end as the planned economy model of the past eight years comes to breaking point, an investment specialist has warned investors.
The second-quarter (Q2) outlook
Equities are expected to have the highest total return this year in global and local markets, according to the CFA Institute's Middle East Market Sentiment Survey.
Debt and Sharia-compliant issuances as well as mergers and acq
If you are “all in” on Middle East equities, it might be a good idea to add some diversification to your portfolio, said an investment expert listing top picks for regional investors in 2015.
The perfect portfolio adap
Bahrain Bourse (BHB) will host the Arab Federation of Exchanges (AFE) Annual Conference 2015 in partnership with Thomson Reuters, it was announced yesterday (February 15).
The conference, entitled 'AFE Equities Summit 2015'