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Investment expert addresses NBK clients

Kuwait City, June 5, 2008

The renowned international investment expert Mark Mobius yesterday (June 4) keynoted a seminar exclusively for National Bank of Kuwait's VIP clients on the international markets, the implications of the credit crunch and the best approaches for investment in the emerging markets.

The seminar was attended by a host of NBK's VIP clients as well as the bank's senior officials headed by CEO, NBK Group, Ibrahim S Dabdoub, NBK CEO, Kuwait, Isam J Al Sager, NBK DCEO, Kuwait, Adel Al Majed and NBK DCEO, Kuwait, Shaikha Al Bahar.

In his presentation, Mobius provided the audience with a comprehensive insight into his company's amazingly unique and pioneering experience in international investing in general and investing in emerging markets in particular, where Templeton runs offices in 13 major global emerging market centers staffed with 55 professionals, including 33 portfolio managers and investment analysts managing about $50 billion worldwide.

Mobius also highly commended the distinctive performance of the NBK and the progressive success being achieved with respect to regional and international expansion strategy. He also lauded the regulatory role played by the Central Bank of Kuwait which guarantees an invulnerable financial system against any possible crisis similar to the current subprime crisis.  

The seminar was concluded with a dialogue and Q&A session, during which Mobius shed light on latest opportunities available in the emerging markets all over the world.

Dr Mobius boasts one of the highest profiles of any expert in the field of finance and investment. He is regarded as one of the top 100 most powerful and influential people and one of the most successful emerging markets investors over the last 20 years.

Mobius, who is currently the managing director of Templeton Asset Management, earned his PhD. in economics and political science from the Massachusetts Institute of Technology and joined Templeton in 1987 as president of the Templeton Emerging Markets Fund, Inc. He presently directs the analysts based in Templeton's 11 emerging markets offices and manages the emerging markets portfolios. – TradeArabia News Service




Tags: Central Bank | NBK | Templeton |

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