News

UAE investors frustrated by lack of ESG data

Sustainable investmentsEmirati investors’ growing interest in sustainable investments is being held back by a lack of information about such strategies, according to Schroders. Client research conducted by the asset manager found that a growing number of its UAE clients (86%) are looking to increase their asset allocation to environmental, social and governance (ESG) investments but the majority (72%) said a lack of information prevented them from doing so. More than a third (35%) blamed a lack of information on how sustainable fund managers engage with the companies they invest in while 33% complained of a lack of advice. A quarter of the respondents said they were unsure which products took a sustainable approach while 10% confessed to being unable to define sustainable investment.  Schroders also announced the appointment of Douglas Bourne as client director in its Middle East sales team. He will be responsible for enlarging the firm’s institutional business in the region, focusing on sovereign wealth funds and pension funds. ©2018 funds global mena

Executive Interviews

INTERVIEW: Totally mega

Jun 13, 2018

In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...

INTERVIEW: Protecting the investment

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Rasmala’s trade finance fund recently passed $100 million in assets. Doug Bitcon, head of credit strategies, explains why he has to be hands-on.

Roundtables

MENA ROUNDTABLE: ‘The story is about reforms’

Jun 13, 2018

Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.

SOUTH AFRICA ROUNDTABLE: Airline syndrome

Jun 13, 2018

Our panellists tell us that instead of launching competing national projects, African countries should work together for the sake of a bigger capital market. Chaired by George Mitton in Cape Town.