Global organizes dinner on behalf of launching 'Global Jordan Fund'

The dinner gathering started with a speech by Mr. Mike Brighton, Vice President in Global Investment House - Dubai office, followed by a presentation by Mr. Talal Samhouri, Head of MENA Asset Management at Global regarding the Global Jordan Fund.

Mr. Mike Brighton said, "We believe that this is an opportune time to learn more about the Jordan Fund given the favorable economic conditions and attractive market dynamics in Jordan that will continue to inflate investor confidence."

On his part, Mr. Talal Samhouri has illustrated some key factors of the Jordanian economy and the Amman Stock Market where he addressed "Jordan is a distinct country in the Middle East with a unique economic structure persistent on growth despite numerous challenges".

"Liberal reforms in the kingdom are instilling a suitable environment for investment that the fund will benefit from. These facts, combined with compelling valuation of Jordanian companies, should fuel the Fund's performance," he affirmed.

Regarding the fund, Mr. Samhouri continued, "The Jordan fund is part of Global's regional investment strategy that include the introduction of such a fundamentally driven investment vehicle, he stressed."

The fund aims to benefit from the kingdom's attractive investment climate, healthy economic growth, political stability, and its feasible access to major international markets through free trade agreements, he explained.

Global Jordan fund is an open-ended fund with the objective of achieving above average long-term capital growth through investing primarily in listed Jordanian companies, initial public offerings (IPO), and Pre-IPOs, in addition to fixed income securities to control risk.

The fund is ideal for investors who are seeking capital appreciation and exposure to a promising emerging market, as well as diversifying and reducing the risk inherent in their portfolios.

"The new fund will capitalize on Global's presence and relationships in Jordan to unveil new investment opportunities," Samhouri pointed.

Global Jordan fund will be managed by Global's MENA Asset Management team, which comprises of dedicated investment specialists with an exemplary track record in investing in the region. The team's expertise provides the fund with a unique competitive advantage for capitalizing on the attractive valuations currently present in the ASE.

Global's organization to such a dinner gathering on behalf of its Jordan fund launch is an important step towards maintaining an outstanding network with its clients in Dubai to enhance there information about its funds.