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Komfie Manalo, Opalesque Asia: The recent events in Europe, especially the planned quantitative easing, has made the region attractive to Gulf-based investors said Ataf Ahmed of Islamic investment group QInvest during the recent Opalesque 2014 Gulf Roundtable.
"When we consider equity, our firm has been very bullish on the U.S. for a while," Ahmed said, "For our own investor base, we have been effectively holding off going into Europe for quite some time now. However, the events in recent weeks have made us a little bit more positive and maybe this is the point that we finally go into Europe, with a three to five year investment view."
He added that as a starting point, QInvest would use the current weakness as a buying opportunity, and the fact that Europe is going to be starting its own type of quantitative easing is encouraging. The U.S. has already shown what a strong impact QE had on their markets. He sees this as a good potential entry point for Europe over the mid to long-term. All in all, on a global basis, Gulf investors like the U.S. but they are now starting to think of Europe.
Renaud Hauck, head of the Buy-Side for Deutsche Börse Group, agreed with Ahmed’s sentiments. Hauck said that that his fi...................... To view our full article Click here
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