Tue, Aug 4, 2020
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Funds, Performance more

GCC fund managers to outperform their benchmarks for next few years

Posted on 15 August 2012

Globally, fund management industry is going through a rough patch after the 2008 financial crisis. As markets exhibit higher volatility and with no easy fixes in sight to solve the problems of the developed world, fund managers are struggling to adapt and clients are increasingly turning restless. The situation in the GCC is no different. Companies continue to struggle in growing their assets under management (AUM) and making ends meet.
According to a study by Kuwait Financial Center (Markaz) released Monday, the GCC asset management industry with roughly 100 companies, manage about $26.5 billion in assets in 328 funds at the end of 2011………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
banner
August 2020
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930
31