“Markaz”, participated in the 4th Annual Fund Forum Middle East 2010 Conference, which was held in Bahrain last week.
The event, which was attended by more than 300 high profile delegates, was organized in cooperation with the Bahrain Economic Development Board. H.E. Sheikh Mohammed Bin Essa Khalifa, Chief Executive of the Economic Development Board in Bahrain gave the guest opening address.
M.R. Raghu, Senior Vice President-Research Department at Markaz spoke in one of the panel. He said “Before the crisis, investors, both retail and institutional, had ramped up their exposure to risky assets and therefore experienced huge wealth erosion as a consequence of global financial crisis. The last decade also saw synchronized rise and fall of major asset classes providing little diversification benefits. Going forward, I expect a low return and low risk tolerance world with fewer opportunities. This would mean some dedicated work to come up with workable asset allocation for clients”
Markaz also participated in the Event’s exhibition, where its team answered queries and provided information about the company, its products and services, and promising investment opportunities.###
About Kuwait Financial Centre “Markaz”
Kuwait Financial Centre S.A.K. 'Markaz', with total assets under management of over KD928 million (USD 3.19 billion) as of June 30, 2010, was established in 1974 has become one of the leading asset management and investment banking institutions in the Arabian Gulf Region. Markaz was listed on the Kuwait Stock Exchange (KSE) in 1997.###
Photo caption: M.R. Raghu, Senior Vice President-Research Department at “Markaz” in the panel