02.03.2010 - Positive returns for funds in GCC in 2009
From Ameinfo.com: The latest Fund Market Insight Report from Lipper for the Gulf Co-operation Council (the GCC) countries reveals that all 69 Lipper equity categories posted positive annual performances for 2009, with the exception of the 39 funds invested in Kuwait which lost 18.13% on average during 2009, reflecting the weak performance of the Kuwait Stock Exchange. Funds invested in emerging markets topped the annual ranking; Equity Russia returned 159%, Equity Indonesia rose 124%, and Equity Emerging Markets Latin America gained 104%............................................Full Article: Source
Print