EFG Hermes brings Middle Eastern funds to Asia retail
The Cairo/Dubai-based investment firm will sub-advise funds investing in the Middle East and North Africa for Asian commercial banks.
A team of investment managers based in Dubai is about to extend its business of managing Middle East and North Africa (Mena) funds to retail investors in Asia.EFG Hermes, a financial group based in Cairo and Dubai, will offer its products on a white-label basis to distribution banks in Japan, Korea and Singapore as soon as March, says Hashem Montasser, managing director for asset management in Dubai.EFG Hermes, a public company created in 1984, is a regional firm with businesses spann…
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