Gulfmena, a boutique asset manager focused on the Middle East North Africa (Mena) region, has launched a long-only relative value strategy that offers access to investment opportunities in Mena equity markets.
The Gulfmena Access Fund is a Luxembourg-domiciled product that aims to capture excess returns in Mena equity markets relative to the S&P Pan Arab Composite Index.
Haissam Arabi, CEO and fund manager of Gulfmena said: “Investors, especially foreign investors, still look at the region as an out of index bet and are specifically interested in the volatility it offers. They are interested in taking advantage of a directional call on high oil prices, a peak in the commodities cycle or purely event or thematically driven situations due to, for example, excessive government spending.”
The firm claims the fund is “one of the most competitive long-only products in the market” because it has an “ETF-like” pricing structure.
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