Naples, FL, November 09, 2018 --(PR.com
)-- Some of the world's most savvy investors are set to meet in Dubai this month to discuss how worsening financial conditions around the world are creating rebound opportunities in emerging and frontier markets.
Veteran emerging markets fund manager, Mark Mobius, is one of the top business leaders due to speak at this year's AIM Summit in Dubai.
He will discuss the investment opportunities created in emerging and frontier markets by a looming trade war between the USA and China and rising US interest rates.
“The world of emerging and frontier markets is living up to its reputation as being fast in every way: fast growth and fast adoption of new technologies,” he says. “We are entering the most exciting years for investors globally.”
Mr. Mobius, a partner at Mobius Capital Partners, who previously built the emerging market's arm of US fund management giant Franklin Templeton, says that manufacturing companies in India, garment makers in Bangladesh and footwear firms in Vietnam, are likely to benefit from difficulties in the Chinese market.
Mishal Kanoo, chairman of Kanoo Group, will also discuss the investment opportunities opening up in the Gulf at the conference, which will take place at the Ritz Carlton, DIFC on 26 and 27 November.
“Family Offices in the Gulf are slowly but surely becoming more sophisticated in their outlook and are looking for something that is out of the ordinary to give their portfolios that extra oomph,” says Mishal Kanoo, chairman of The Kanoo Group. “The problem in the past is that there were no credible avenues to explore due to the scarcity of such vehicles. Now, as the demand is increasing, the alternative avenue such as investing in classic cars and such are becoming a reality and are not run by less than credible purveyors. This is something unseen in the region in the past.”
Increasing tensions in the Middle East including the continuing wars in Syria and Yemen are also creating a gloomier economic environment closer to home. However, investors say that opportunities can still be found across the region.
“Most leading GCC countries have been reclassified as emerging markets,” says Dr Ryan Lemand, Senior Executive Officer at ADS Investment Solutions. “They have very low debt-to-GDP; currencies pegged to the USD; huge foreign currency reserves and, as a result of the volatility in prices have engineered an economic transformation away from oil, so there are a lot of reasons to have exposure to these markets.”
Zachary Cefaratti, Founder and Chief Executive Officer at Dalma Capital Management Limited, says that the strong fundamentals enjoyed by markets in Asia and the Middle East will continue to attract investors despite an increasingly challenging global political landscape.
“The economic outlook for the whole world is becoming harder to predict,” he says. “The investment landscape is changing faster than ever before due to new technology while we are seeing a new wave of protectionism in global politics which is making it harder for global investors to gain visibility.”
Mr. Kanoo, Mr. Mobius, Dr. Lemand and Mr. Cefaratti will be among more than 70 speakers taking part in the AIM Summit 2018.
Now in its seventh year, the high-profile event, exclusively for business leaders and key decision makers at leading firms, is the largest conference for alternative investment in the Middle East and North Africa.
Each year it welcomes more than 500 investors and investment managers overseeing in excess of US$10 trillion in assets including sovereign wealth funds, family offices, hedge funds, private equity managers, private debt managers, venture capitalists, endowments, foundations, pension funds, digital asset and blockchain innovators, investors, and disruptors.
“This year, perhaps more than any other, the AIM Summit is set to provide a stage for high profile debate where key business leaders across the Middle East and around the globe can attempt to make sense of what is an increasingly challenging global investment landscape,” says Raha Moradi, Conference Director. “We are looking forward to what we expect to be one of the most interesting and well-attended AIM conferences in our history.”
Speakers will also include Christof H. Rühl, Head of Global Research at Abu Dhabi Investment Authority; Dr. Fahad M. Alturki, Chief Economist & Head of Research at Jadwa Investments; Henry Sender, Chief Correspondent at the Financial Times; Sabah al-Binali, CEO of Universal Strategy and Vice Chairman of the Board at The National Investor; and Fiona Treble, Director and Head of Membership at AIMA.
To attend the event, visit www.aimsummit.com or for more information contact Raha Moradi, Conference Director on 04 427 8772, extension 29