(Bloomberg) -- Middle Eastern and North African
money managers' assets will almost triple to $200 billion by
2012 as regional stocks attract investors, Dubai, United Arab
Emirates-based Algebra Capital Ltd. forecast.
``Gulf markets present better value than other emerging
markets, which have been more on the radar screens of
international investors and are trading at higher multiples,''
Ziad Makkawi, chief executive officer of Algebra, the asset
management firm he started in November, said in an interview in
Dubai today.
Read more at Bloomberg Emerging Markets News
money managers' assets will almost triple to $200 billion by
2012 as regional stocks attract investors, Dubai, United Arab
Emirates-based Algebra Capital Ltd. forecast.
``Gulf markets present better value than other emerging
markets, which have been more on the radar screens of
international investors and are trading at higher multiples,''
Ziad Makkawi, chief executive officer of Algebra, the asset
management firm he started in November, said in an interview in
Dubai today.
Read more at Bloomberg Emerging Markets News
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