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Top sovereign wealth fund investors set for Dubai event

July 19, 2014


Arqaam Capital (Arqaam), the specialist emerging markets investment bank, has announced that it is hosting the Arqaam Capital Gulf Cooperation Council and Africa Investors Conference on Sept. 22 and 23, at the Meydan Hotel in Dubai.

The event will bring together over 100 institutional investors, such as sovereign wealth funds, pension funds and family groups, from around the world and the senior management of major companies from the Middle East and Africa to discuss their growth, funding and competitive strategies. Listed companies from banking, real estate, retail and telecom will be among the sectors represented at the conference.

Corporates attending the conference include ERC, EK Holding, Fidson Healthcare, Co-operative Bank of Kenya, KNCB and Fidelity.

As well as one-on-one investor meetings, the event will see panel discussions and keynote speeches covering areas of interest to investors and corporates, including a panel chaired by officials from exchange authorities who will discuss a number of vital topics, such as deregulation of foreign ownership, IPO pipeline and foreign access to local exchanges.

Riad Meliti, CEO of Arqaam Capital, commented: "The Middle East and Africa equity markets have had an incredible run over the past 12 months, significantly outperforming the MSCI Emerging Markets Index. We are confident that the economic fundamentals underpinning the region's recent performance will ensure that this is not just a short-term blip but the start of long-term sustainable growth."

"In this low interest rate environment, investors are looking for healthy returns on their capital and there is a real appetite from them to increase their exposure to our region's markets. Furthermore, with the UAE and Qatar being upgraded to Emerging Market status by MSCI, blue-chip institutions and funds from around the world will be increasing their allocations to both countries," he stated.

"Investor sentiment toward the region has not been this strong for a long time and this conference will provide the perfect environment for global investors to learn more about some of the region's leading companies," he added.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Arab News (Saudi Arabia)

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