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Schroders strengthens Middle East & North Africa Investment team

It is today announced that Rami Sidani will join Schroders as Head of Middle East & North Africa (MENA) Portfolio Management. In his new position, Rami will co-manage the Schroder ISF Middle East Fund which was launched on 3 September 2007 and now has assets of $592m.

In addition, further recruitment is expected to be announced in the near future.

Rami joins from SHUAA Capital where he managed over $1bn in equities across the MENA region. With more than six years investment experience, Rami has managed conventional as well as specialist funds in all twelve Arab equity markets. He will report to Allan Conway, Schroders Head of Emerging Market Equities.

Allan Conway, Schroders Head of Emerging Market Equities, commented:

“Rami is a terrific addition to the team. His deep regional experience and breadth of product knowledge makes him perfectly positioned to further build on our highly successful offering in the Middle East & North Africa. I look forward to working closely with Rami as he joins our expanding business. The combination of our long established track record in Emerging Markets and the team’s regional expertise will create a highly competitive offering for our clients.”

Rami Sidani commented:
“It is a great opportunity to join Schroders Emerging Markets team as Head of MENA investments and to manage and help grow Schroders assets in one of the fastest growing regions in the world. The decision to establish an investment capability in the region demonstrates the vision and strong commitment that Schroders has to the Middle East.”