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Wednesday, November 11 - 2009

KAMCO hosts Merrill Lynch's David Mallach

KIPCO Asset Management Company, KAMCO and United Gulf Bank (UGB) have invited David Mallach, Senior Vice President of Investments, Merrill Lynch about Financial Market Performance Expectations in the United States for the year 2008, with the attendance of KAMCO's executive and general managers in addition to shareholders and customers.

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With his 32 years experience, Mr. Mallach is considered to be one of the most financial investors, he also managed to establish a strong customers relations in different countries he visited and lectured at, in the Middle East, Europe Latin America and the United States, consulting them to build up their long term goals.

Commenting on the lecture, Mr. Masoud Jawhar Hayat, Chairman of KAMCO said: "The Globe will be facing numerous changes in the next five years, investors and business owners need be have a comprehensive market expectations studies without depending on the previous experience in their decisions". "We are in KAMCO very keen about our customers and our main aim is to provide them with the best and the latest services which explain our invitation to Mr. Mallach to share his wide knowledge and experience with us, explaining his vision of the global market" Mr. Hayat concluded.

KAMCO is one of the KIPCO group of companies, managing assets of KD2.54 and launching new financial products which help KAMCO to be well positioned locally and regionally.
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