Browse
related articles
Investors to 'avoid capital markets'
- Middle East: Wednesday, November 26 - 2008 at 13:24
Large scale private investors will avoid putting their money into assets related to capital markets for the near future, delegates at a Dubai International Financial Centre (DIFC) Week panel forum on raising money have been told. Instead they will focus on investing in unlisted companies.
'Once the big money investors see stability returning to these markets they will come back and use the equity shortage that we currently see and invest heavily,' Philip Southwell, Deutsche Bank's Head of Global Banking Central and Eastern Europe, Middle East & Africa, told forum attendees.
Delegates also heard that current valuations present very attractive opportunities for those with access to liquidity.
Private investors are currently looking at buying into assets whose value are not reliant on capital markets.
Sameer Abdi, a Partner in Ernst & Young's Islamic Financial Services Group, said that this principal would feature more strongly than before in the short to medium term.
'Investors are going to invest in opportunities that don't hinge on the capital markets,' Abdi said, citing an example of clients who are looking to invest in majority shares in a publicly listed company in order to delist it from its local exchange.
'Whatever region you are in, you will see money coming back,' added Southwell. 'You will begin to see much less correlation between different global markets in the future.'
Also consider reading:
Browse
related articles
- » Nokia N900 to hit UAE stores
- » Boeing to showcase tailored portfolio of products and services at Dubai Air Show 2009
- » Burj Dubai enters final leg of construction
- » Abu Dhabi residential city nears completion
- » Marriott International announces the signing of five hotels for its newly established Middle East and Africa region
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Edward Poultney, Editor - English
