Fund houses eye Middle Eastern wealth
Asia-based investment industry CEOs are exploring how to tap institutional capital and rich individuals in the Middle East.
At a behind-closed-doors roundtable* in Singapore last month, senior investment executives discussed the potential for drawing on the substantial pool of Middle Eastern wealth.
The Singapore-based heads of Oclaner Asset Management and Tokio Marine Asset Management International said setting up partnerships with local fund houses or distributors is the way forward.
But Shashank Srivastava, acting CEO of the Qatar Financial Centre Authority and host of the event, disagreed, arguin…
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