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Credit Suisse open Mena fund

  • Middle East: Wednesday, August 19 - 2009 at 09:26

Credit Suisse has announced the launch of the Credit Suisse SICAV One (Lux) Equity Middle East & North Africa Fund. The UCITS III compliant fund is targeting both institutional and retail investors. Portfolio construction will be limited to 40-60 stocks and adheres to high standards of risk management. Credit Suisse has so far raised $40m for the fund from institutional and private discretionary clients. The fund will be managed by Credit Suisse's Portfolio team in Dubai.

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