Middle East
Middle East | 8 Jun 15
Sovereign funds extend move into infrastructure
The sharp slide in oil prices and low yields on traditional investments has seen sovereign wealth funds keep increasing their exposure to alternative investments like infrastructure and take on a more direct asset management role, according to a new survey.
Islamic finance key to Asia and Middle East link, says MAS
Ties between the Middle East and Asia could improve by boosting the distribution of Islamic investments, according to the deputy director of the Monetary Authority of Singapore (MAS).
Middle East | 2 Jun 15
Mondial Group rejects commission for new consultancy
Dubai-based financial advisory business Mondial Group has formally launched a new insurance consultancy which has salaried rather than commission remunerated staff.
UAE and HK investors shunning advice
Only a small minority of investors in the United Arab Emirates and Hong Kong will seek financial advice this year, despite the risk of missing out on large returns, this year’s Schroders Global Investment Trends Survey has revealed.
Middle East | 20 May 15
Holborn adviser faces UK ban for UCIS mis-selling
A financial adviser currently employed by Holborn Assets in the UAE has been fined and banned in the UK after the Financial Conduct Authority found him guilty of knowingly recommending inappropriate, high risk products to retail clients.