Barings joins the Mena bandwagon
The Baring Mena Fund will invest in about 40 to 60 stocks and will be benchmarked against the MSCI Arabian Markets ex-Saudi Arabia index.
Investment themes tend to spread like wildfire, and such has been the case with funds that invest in the Middle East and North Africa (Mena) region.Baring Asset Management says it plans to launch its own Mena fund, making it the latest to join the bandwagon. The Baring Mena Fund will be managed by Ghadir Abu Leil-Cooper, head of the fund houseÆs emerging Europe, Middle East and Africa equities team.The Mena region has become a new target for investors looking for themes that will deli…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.