ING prepares frontier-market fund in Dubai
ING Investment ManagementÆs Dubai-based team plans to launch a frontier-market product for global investors that will include both equity and debt.
ING Investment Management is planning to launch a fund to invest in frontier-market equity and debt in the next quarter, says Farah Foustok, Dubai-based chief executive and chief investment officer for the Middle East.
The firm is one of the few global investment managers with an investment team in the Gulf, along with Schroder Investment Management and Franklin Templeton, which has a 40% stake in Dubai-based Algebra Capital. Foustok oversaw the firm's maiden product launch, an Arab-…
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