August 2008

GCC economies: A compelling opportunity for asset managers

Oil prices at $100 a barrel and more are not the only thing generating excitement about the prospects for the GCC economies. Non-oil GDP is also increasing and there’s a young population with increasingly sophisticated investment requirements. Chris Wright reports.


Asset management in the GCC: A market worth watching
A compelling opportunity for asset managers
On the ground or in the air?
Saudi strategy: going it alone or finding a partner?
Three hubs to serve a thriving market
Distribution holds the key
Fixed income, equity, local and international assets – a demand for all
Shariah-compliant market tests perceptions

The Gulf represents one of the most exciting opportunities for asset management anywhere in the world. At a time when global markets are being rocked by credit problems and an uncertain economic outlook, the Gulf Cooperation Council (GCC) presents a compelling range of drivers: growing wealth, at a sovereign and individual level, fuelled by a record oil price; growing sophistication in investment; liberalizing regulatory environments across the region; and stock markets that show little correlation to global equities.

At the heart of the Gulf’s appeal is its strengthening economic position, and it sets a framework for the growth...


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