This section provides a chronological list of articles and features about the Gulf Investment Fund in the national and international media.
An expectation that global interest rates will rise – or at the very least the Bank of England will reverse its post-Brexit vote cut to 0.25% – has weakened the share prices of many ‘bond proxy’ income funds, most notably HICL Infrastructure (HICL).
Qatar Investment Fund PLC said Monday its net asset value per share fell in its second quarter, as the Gulf state's stocks dived amid mounting tensions with its neighbours.
Saudi Arabia’s bourse, the Tadawul, will allow managers to take short positions for the first time from 23 April. The move follows a May 2016 announcement from Saudi regulator, the Capital Market Authority, setting out plans to implement new regulations, including allowing securities lending and covered short selling.
Qatar Investment Fund’s (QIF) exposure to the UAE market has grown up. The exposure of the Fund in the market has reached 6.8 percent of net asset value (NAV) by the end of fourth quarter of 2016 (Q4, 2016) ended December 31. It was 4.3 percent in the previous quarter, latest data released by the a UK-based closed-ended investment company showed.
International investors are still afflicted by groupthink when it comes to the Gulf and Middle East region. As always with investment, the devil is in the detail. Or more accurately the opportunity is in the detail, and it is not always easy to find.