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Middle East fund managers remain heavily positive towards Saudi Arabia's equity market before index compilers decide whether to upgrade it, while sentiment improves towards the United Arab Emirates, a Reuters poll showed on Wednesday.
1) Do you expect to increase/decrease/keep the same your overall equity allocations to the Middle East in the next three months?
INCREASE - 3 DECREASE - 1 KEEP THE SAME - 9
2) Do you expect to increase/decrease/keep the same your overall fixed income allocations to the Middle East in the next three months?
INCREASE - 3 DECREASE - 1 KEEP THE SAME - 9
3) Do you expect to increase/decrease/keep the same your equity allocations to the following countries in the next three months:
- a) United Arab Emirates
INCREASE - 3 DECREASE - 4 KEEP THE SAME - 6
- b) Qatar
INCREASE - 1 DECREASE - 2 KEEP THE SAME - 10
- c) Saudi Arabia
INCREASE - 9 DECREASE - 0 KEEP THE SAME - 4
- d) Egypt
INCREASE - 4 DECREASE - 0 KEEP THE SAME - 9
- e) Turkey
INCREASE - 0 DECREASE - 1 KEEP THE SAME - 12
- f) Kuwait
INCREASE - 5 DECREASE - 1 KEEP THE SAME - 7
NOTE - Institutions taking part in the survey are: Al Mal Capital; Al Rayan Investment LLC; Amwal Qatar; Arqaam Capital; Emirates NBD; Global Investment House; Invest AD; FAB Securities; NBK Capital; Rasmala Investment Bank; Schroders Middle East; The National Investor; Waha Capital.
(Reporting by Andrew Torchia, editing by Louise Heavens)
© Reuters News 2018