Barings to launch MENA fund

The fund will be managed by Dr Ghadir Abu Leil-Cooper, head of the Emerging Europe, Middle East and Africa Equities team at Barings. She will use an actively managed strategy on the fund with a bottom-up Growth at a Reasonable Price investment philosophy. The number of holdings is expected to be 40-60 and the fund will be benchmarked against the MSCI Arabian Markets ex Saudi Arabia index. Dr Ghadir Abu Leil-Cooper comments: “The investment rationale for investing in the MENA region is a strong and sustainable one. In our view, economic growth rates are likely to increase by more than 5%...