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Middle East

Fund manager Yong Wei Lee sees MENA pick up by year end

Middle East | 6 Sep 15

Fund manager Yong Wei Lee sees MENA pick up by year end

With Saudi Arabia now open to foreign investment, fund manager Yong Wei Lee, who runs the Emirates MENA Top Companies Fund, is looking to capitalise on the region’s strong potential.

Fund distributor Invesco sees boom time in the Emirates

Middle East | 3 Sep 15

Fund distributor Invesco sees boom time in the Emirates

With the Middle East now one of Invesco’s largest marketplaces globally, Nick Tolchard, managing director of international development for the asset manager, charts this unprecedented success story.

Non-compliant UAE life and property insurers get IA rule extension

Middle East | 1 Sep 15

Non-compliant UAE life and property insurers get IA rule extension

The UAE government has given insurance companies operating in the Emirates an extra year, beginning 28 August, to meet the regulatory requirement which forbids combining persons’ insurance and fund accumulation operations with property and liability insurance operations.

ESCA’s risk management chief Lemand resigns

Middle East | 27 Aug 15

ESCA’s risk management chief Lemand resigns

Ryan Lemand, the senior economic adviser and head of risk management for the Emirates Securities & Commodities Authority (ESCA), has resigned, according to sources in Dubai and Abu Dhabi.

Abraaj Group raises $375m for Africa investments

Middle East | 24 Aug 15

Abraaj Group raises $375m for Africa investments

The Dubai-based Abraaj Group said it had raised $375m for a fund that will focus on North Africa.

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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.