Gulf fund houses eye foreign opportunities
Asset managers in the Middle East and North Africa are mulling expanding both regionally and further afield, according to a recent survey.
The Middle East and North Africa (Mena) region has a population of 380 million and a combined GDP of more than $2 trillion – and yet total funds under management stand at a mere $55.6 billion, according to research house Zawya and publication Mena Fund Manager (Mena FM).
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