The new fund will be managed by Haissam Arabi, CEO of Gulfmena, and his team from Gulfmena Investments, a Dubai based and DFSA regulated asset management company.
Arabi said investors, especially foreign investors, still look at the region as an out of index bet and are specifically interested in the volatility it offers. They are interested in taking advantage of a directional call on high oil prices, a peak in the commodities cycle or purely event or thematically driven situations due to, for example, excessive government spending. For that, Gulfmena have created the ideal access product.
"The fund is actively managed and is designed to fully capture the upside potential of these markets and their directional sector specific moves. Its unique and very competitive pricing structure makes it not only highly affordable but capable of better optimizing returns in favor of investors," Arabi concluded.
Gulfmena also manages an absolute return fund. With the launch of this long-only relative value fund it can now cater to both alternative and traditional investors seeking access to the region.
