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Thursday, November 12 - 2009

Schroder plans Middle East fund

  • Tuesday, January 22 - 2008 at 13:27

Schroder Investment Management is planning to roll out a UK-domiciled Middle East fund, reported the UK's Financial Times. The fund will feature a heavy weighting to the Gulf region, but will also invest across North Africa and the Levant region, including Egypt, Lebanon, Turkey and Israel. Schroder already offers a dollar-denominated, Luxembourg-domiciled Middle East fund under its International Selection Fund umbrella, however a sterling version would open the product up to the mainstream UK retail market.

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