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Hedge funds to increase ME allocation
- Wednesday, May 21 - 2008 at 08:00
A new survey by Deutsche Bank has found that its hedge fund investment clients plan to increase their allocations to emerging markets, with the Middle East predicted as the top performer among all regions, reported Khaleej Times. The poll of a thousand investors representing $1tr in hedge fund industry assets revealed that nearly 50% of those surveyed were bullish on the Middle East markets, with no firm surveyed indicating that it was planning to reduce its exposure to the region.
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Jeff Florian, Senior ReporterWednesday, May 21 - 2008 at 08:00 UAE local time (GMT+4)
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