Thu, Apr 17, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Al Masah Capital offers access to MENA in UCITS IV format

Wednesday, September 04, 2013

amb
Akber Naqvi
Bailey McCann, Opalesque New York:

United Arab Emirates-based Al Masah Capital is a niche investment firm focused on private equity, real estate and asset management. The firm offers access to the Middle East and North Africa through those investment lines and has been involved in these markets for a number of years. Recently, they started offering investors access to the region through a UCITS IV format vehicle, which Akber Naqvi, Executive Director at Al Masah explained in a recent Opalesque TV interview.

"We felt there was a specific demand that could cater to this structure," Naqvi explains. "Not only in the region, but obviously internationally, for international investors who want to invest in regional markets."

He notes that investors are starting to pivot out of fixed income and into riskier assets as markets slowly improve. As such, the UCITS vehicle includes listed equities that were beneficial and of interest to the firms current investor base. "What we found is that a dividend strategy, especially when it comes to this region, is a very unique proposition right now, that is providing above average returns compared to the rest of the world and the research supports this," he says.

So far, the firm is only looking at 15-20 stocks in the MENA region, which offer a dividend return between 6-7%. Naqvi explains that if expanded to the top 50 companies in the r......................

To view our full article Click here

Banner
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: European stock-picking fund up 19% YTD, bets on small caps’ high cash level[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Here is a European long/short equity fund that has been beating the odds since its 2008 inception by employing its own investment model, frequent company visits

  2. CTAs could face new challenges in a rising rates environment[more]

    Bailey McCann, Opalesque New York: CTAs have taken a beating performance wise lately, and asset flows reports show that investors aren't sticking around to see how the movie ends. Now, a new white paper from Roy Niederhoffer and Coen Weddepohl notes that as interest rates start to tick back u

  3. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  4. Commodities – Popular value fund manager David Iben bets on Russia, gold,[more]

    From Reuters.com: With large bets on Russia and North American gold miners, one of the best performing stock pickers in the wake of the 2008 financial crisis is back with a new fund that reflects his deep aversion to following the crowd. In the Kopernik Global All-Cap Fund, David Iben is follo

  5. Opalesque Exclusive: Pensions, endowments, family offices reconsider life settlement investments[more]

    Bailey McCann, Opalesque New York: Hedge funds were once the largest investors in the life settlement industry, now the industry is seeing more interest from pensions, endowments and family offices directly. Life settlements have always been considered a niche part of the investing landscape, an