Gulf fund houses eye foreign opportunities

The Middle East and North Africa (Mena) region has a population of 380 million and a combined GDP of more than $2 trillion – and yet total funds under management stand at a mere $55.6 billion, according to research house Zawya and publication Mena Fund Manager (Mena FM). Admittedly, it comprises emerging – in some cases frontier – markets with relatively unsophisticated retail investor bases, but it is also home to some of the biggest and most advanced sovereign wealth funds in th…