One of the Largest Asset Managers in MENA with $11.5bn (AUM) Discusses Strategy and Investments
We are also one of the largest asset managers in the region; we manage over 3.5 billion KDs worth of assets under management (AUM).
Kuwait: Economy to Grow 3-5% in 2015 says KAMCO
Kuwait is an oil related economy, with the energy sector dominating the economy. Oil and oil related products constitute about 55 to 60% of Kuwait’s GDP. A sharp drop in oil prices, like a 40% drop, is going to affect the economy. The nominal GDP will get affected. Real GDP will depend on how OPEC reacts about 6 months down the line.
Economy of Kuwait in 2012: Growth, Diversification, Inflation
Interview with Faisal Hasan, Senior Vice President and Head of Research and Publications of Global Investment House. Detailed assessment of the Kuwaiti economy for 2012 by the Global Investment House Head of Research. Mr. Hasan talks also about the growth in Kuwait, badly needed diversification of the economy and much more.
Kuwait: Analysis of Financial Markets
In 2012, the Kuwait banks are cleaning up their balance sheets as a response to the consequences of the financial crisis of 2008/09 that is most likely going to continue throughout 2012.
KAMCO: Investment Strategy for 2012
The strategy is to focus on KAMCO’s core business lines such as asset management and investment banking and at the same time capitalize on the rising growth opportunities in the GCC and China. Sadoun A. Ali, Chief Executive Officer of KAMCO, admits that “those 2 areas (China and the GCC) show healthy growth and KAMCO is looking for ways and products to tap into those markets.”
Corporate Bond Market in Kuwait: Signs of Recovery
The investment banks, asset managers and investment companies in Kuwait have been hit by the 2008 global financial crisis.
Investment Banking and Asset Management in Kuwait: Focus on Core Business
The investment banks, asset managers and investment companies in Kuwait have been hit by the 2008 global financial crisis.
Kuwait: Capital Markets Outlook 2012
Sadoun A. Ali, Chief Executive of KAMCO, a leading asset manager and investment banking company sees capital markets in Kuwait to remain stable in 2012.
Kuwait’s Capital Markets Authority: Overview and Expectations
Recent feature of Kuwait Financial Markets is the adoption of Capital Markets Authority. According to KAMCO research “the Capital Market Authority in Kuwait created through a bill approved by the Kuwaiti parliament in February 2010 is on the right track but will require time to implement the laws and regulations that aim at regulating securities activities in a fair, competitive and transparent manner, protecting investors and implementing a policy of full disclosure so as to promote justice and transparency and to prevent conflicts of interest and the exploitation of insider information. The CMA Kuwait will bring more transparency and oversight to Kuwait Stock Exchange that in turn will boost confidence among foreign and institutional investors.”
Insider Trading in Kuwait: “Insider Trading Practices Not Widespread”
Often the companies listed on the KSE have are implicated in a convoluted, opaque ownership schemes and many argue that there has been many cases of insider trading. Due to the size, Sadoun A. Ali, Chief Executive of KAMCO, a leading asset manager and investment banking company dismisses that widespread insider trading practices exist but admits that there are speculators in the market acting and trading upon rumors.