The National, an Abu Dhabi based newspaper, has a lengthy interview with four fund managers in Singapore, New York, London and Abu Dhabi to answer questions related to the entry of the UAE and Qatar into the MSCI Emerging Markets Index. The countries were upgraded from the MSCI Frontier Markets Index because of increased economic stability and improved access to international investors in their nascent stock markets.
The fund managers interviewed included:
- Mark Mobius, Singapore-based executive chairman of Templeton Emerging Markets Group
- Andrew Jones, portfolio manager at New York-based emerging markets equities at PineBridge Investments
- Sachin Mohindra, portfolio manager at Invest AD in Abu Dhabi
- Edward Evans, client portfolio manager for emerging markets equity at Schroders in London
The fund managers were asked about how attractive UAE and Qatar shares are and what local sectors they preferred.
Investors in ETFs that track the MSCI Emerging Markets Index or the MSCI Frontier Markets Index or various middle east indices might want to check out the following articles as well:
- How the MSCI Emerging Markets Index Changes Will Impact Investors (P&I)
- History Says Investors Get Gored by MSCI Upgrades (Reuters)
To read the whole article, Fund managers’ opinions on the UAE and Qatar’s emerging markets upgrade, go to the website of The National.
Similar Posts:
- How the MSCI Emerging Markets Index Changes Will Impact Investors (P&I)
- History Says Investors Get Gored by MSCI Upgrades (Reuters)
- How MSCI’s Removal of Qatar & UAE Impacts the Frontier Markets Landscape (MM)
- Frontier Markets: Small, Concentrated & Misunderstood (Financial Advisor)
- Frontier Market ETFs Have 72% Exposure to Oil-Dependent Countries (FT Adviser)
- The “Halo Effect” of Saudi Arabia’s Emerging Markets Arrival (Franklin Templeton)
- Credit Suisse: Saudi Arabia and Qatar Set to Lose Big After UBS Deal (Middle East Eye)
- FLASHBACK: Moody’s Downgrades Qatar Rating to Aa3 But Changes Outlook to Stable from Negative (Moody’s)
- Qatar Long-Term Rating Lowered To ‘AA-‘; On Watch Negative (S&P)
- Tiny, Wealthy Qatar Goes Its Own Way, and Pays for It (NYT)
- ING IM’s Ruijer: China and the Fed are the Biggest Risks to Frontier Markets (Citywire)
- What’s Next for Emerging Markets and the Dubai Stock Market? (Gulf Business)
- YPO CEO Survey: UAE Business Confidence Declines Significantly (YPO)
- There is No Such Thing as a Typical Emerging Market (The Telegraph)
- MENA Equities: Five Key Themes and Reasons for Optimism (Franklin Templeton)