SHK Financial rolls out Mena fund
The highly concentrated portfolio will have 25 to 30 stocks and will have a strong bias towards the UAE and Saudi Arabia. The fund will target high-net-worth individuals across Asia-Pacific.
Sun Hung Kai Financial is launching a fund focused on the Middle East and North Africa (Mena) region û the latest in a string of new portfolios targeting growth opportunities in that market.The Mena fund will be launched next month in collaboration with Dubai-based Algebra Capital, the investment advisor for the portfolio. The fund will be a long-only absolute return fund targeting high-net-worth individuals across Asia-Pacific. The roadshow for the fund, which starts investing on Aug…
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