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Invesco reveals pronounced change in ME expat behaviour

By Mark Battersby, 24 Sep 15

A big change in investor behaviour among Middle East expats has occurred over the last year, says Andrew Downing, regional sales manager of Invesco Asset Management, in a video interview.

Explaining the key themes emerging from Invesco’s 6th Middle East Asset Management study, Downing highlights how there has been a movement away from cash in favour of global equities and fixed income.

Downing also describes to International Adviser how IFAs in the Middle East use shortlists of funds to build their own chosen portfolios for clients, and to a lesser extent go down the outsourcing route into discretionary offerings from their chosen providers.

Multi-asset investing gets a mention too.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.