Albawaba.com – Gilles Rollet, Chief Executive Officer of Mirabaud (Middle East) Limited, forecasted increased foreign investment being made in regionally based structured products and funds in the near future. The outlook came as part of a speech made at this year’s Structured Products Middle East conference, held this week in Dubai.
Rollet said: “Investors from outside the Gulf region are looking for investment vehicles with healthy returns that are based in stable environments. Structured products based in the Gulf, particularly hedge funds, are the perfect example. Bahrain leads the region with 57 funds worth around US$2.6 billion, and Dubai is determined to establish a competent global hedge fund centre.”