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Komfie Manalo, Opalesque Asia:

Dr. Ryan Lemand, managing director, Asset & Wealth Management unit at ADS Securities recommends to focus on those emerging countries that are undertaking reform. Speaking at the latest Opalesque 2017 Gulf Roundtable, Lemand said such emerging countries that are instituting reform are always attractive for investors, "because generally this means things will improve, despite execution risk."

He further explained to participants of the Roundtable, "Just look at Saudi Arabia's 2030 plan. It's a very, very gutsy plan and there is significant execution risk, but they are reforming and they are improving. They have adopted the Gregorian calendar and are really changing and getting closer to the West. This is a place where I'll go long."

Lemand added that ADS is looking at equities in the Middle East region, specifically emerging markets in general and then the UAE specifically. He said there are some concerns regarding the developed world and he is very worried about Europe.

"My home country, France, I believe is in a very difficult position," Lemand pointed out. He added, "The situation is also very difficult in Italy, where the banking sector is facing some serious issues. Spain seems to be doing well, Germany is growing, but for Europe as a whole I don&#......................

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