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Emerging markets set to perform well

By Staff Writer

Middle East hedge fund investors expect emerging markets, the US and Asia (excluding Japan) will outperform in 2009 despite economic downturn, according to a survey conducted across the Mena region.

The survey, conducted by an investment placement specialist Capintro Partners, said the family offices are allocating a larger percentage of their portfolio to hedge funds than to other institutions. It said investors in the region prefer funds with larger asset sizes, longer track records and higher levels of liquidity.

Capintro CEO Mahmoud Al Khawaja said: "This research serves multiple purposes; it allows global fund managers to hear directly from investors with regards to questions they typically have such as what type of hedge funds Mena investors invest in and what their investment criteria are. We also wanted to play our part in the development of the hedge fund industry in the region by moving away from anecdotal evidence to more factual statistics and data analysing investor behaviour."