From Ameinfo.com: The latest Fund Market Insight Report from Lipper, a Thomson Reuters Company, for the Gulf Co-operation Council (the GCC) countries reveals that equity funds registered for sale in the GCC continued the upward trend noticed during the second quarter gaining 16.31% on average, bringing year-to-date performance to almost 39%.
As of the end of September 2009, almost all Lipper equity categories ended the quarter on a positive note, with the sole exception of funds invested in Kuwait, which lost 0.39%……………………..Full Article: Source