Prudential Asset Management favours Egypt, Turkey
The UK asset manager launched a Europe, Middle East and Africa fund in November last year, but is still steering clear of Gulf economies, says investment director Fedra Dell’Aquila.
In the Europe, Middle East and Africa (Emea) region, Eastern Europe and the Middle East have not been popular destinations for equity investment this year. But Africa is garnering more interest for various reasons.
The spotlight has been on South Africa because of its position as the continent’s largest economy and the host of last year’s football world cup. But Fedra Dell'Aquila, investment director for global emerging markets at Prudential Asset Management in Singapore and manager o…
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