List of all articles filed under “kuwait-investment” category.
KAMCO is one of the top 5 investment and asset management companies in Kuwait. CEO of KAMCO, Sadoun A. Ali, talks about KAMCO’s investment strategy and challenges. KAMCO is also a part of KIPCO – one of the largest diversified companies in Kuwait. (Their subsidiaries include companies such as Gulf Insurance, for example.)
Interview with Fahed Faisal Boodai, Gatehouse Bank. When we at Kuwait Global Securities House say cherry picking we look at this from two points. One, from the investor’s standpoint what does the investor and what are the clients needs in this market? For example, In 2002-2003 Kuwait Global Securities House invested heavily in GCC and Kuwait real estate but slowed down in 2004 – that is where the cherry picking comes in and where opportunities began to be handpicked. Most importantly real estate and investment are all about timing. In 2006-2007, Global Securities House started exiting some of these investments and I think that that was very smart because given the economic downturn we recently witnessed Global Securities House would have really been hurt.
Mrs. Maha Al Ghunaim, Chairperson and Managing Director of Global Investment House. Our main challenge is to reposition the Global Investment House brand. The weak macroeconomic environment impacted Global Investment House operations negatively and in 2008 Global Investment House recorded our first loss in the company’s history. We are now working to deleverage the company, while maintaining our clients’ trust. Global Investment House has revised its strategy to focus on our asset management, investment banking and brokerage activities and enhance our products and services.
