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.
imported 2024-03-17 17:43:07
The investment banks, asset managers and investment companies in Kuwait have been hit by the 2008 global financial crisis.
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.
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.”
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.
Interview with Sadoun A. Ali, Managing Director & CEO of KAMCO. Kuwait has to regain the trust of international investors. The capital markets need to be structured in a way that should abide by the most recent rules and regulations. The Capital Markets Authority is coming in very difficult times; it is late to be implemented after the crisis. The difficulty that they are facing is the time.
Interview with Faisal Ali Al-Mutawa, Chairman and Managing Director of Bayan Investment Company. Mr. Al-Mutawa offers his views on the Kuwait investment sector and the overall investment climate in Kuwait. Unfortunately, his comments are more negative than positive and so are the forecasts about the investment sector in Kuwait.
Discover the main institutions and companies from the financial and capital markets’ segment in Ivory Coast, including the Regional Stock-Exchange (BRVM) and Alios Finance.
General Manager of BVRM talks about capital markets and outlook for 2012.
Casablanca Stock Exchange is properly valued at current times and with current growth in the economy Casablanca Stock Exchange could grow up to 15% in 2011. For 2011 the market will rise by15% after a 22% rise in 2010. Also, Casablanca Stock Exchange could see 6-7 IPOs in 2011.
CEO of Casablanca Stock Exchange, Karim Hajji
For 2011 I think the market will see a 15% rise after a 22% rise in 2010. We also expect to see 6-7 IPOs in 2011 as we only saw 2 in 2010 which was a year of consolidation.