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Fullerton Fund Management Company Ltd & EFG-Hermes Asset Management opening up MENA investment opportunities

Egypt: Thursday, March 06 - 2008 @ 10:16

This initiative officially marks the first collaborative effort between Fullerton and EFG-Hermes, both indigenous brand names in Asia and the Middle East respectively.

Mr. Gerard Lee, CEO of Fullerton said

“We are delighted to be working with EFG-Hermes in providing Japanese retail investors and Asian private banking clients an opportunity to participate in the fast rising economies of the Middle East, with an emphasis on the growing economic synergy between the Middle East and Asia. A partnership like this allows both Fullerton and EFG-Hermes to leverage on our combined years of experience and knowledge of the local markets in Asia and the Middle East, ultimately bringing value to investors seeking medium to long term investment returns.”

“Both EFG-Hermes and Fullerton have been innovators within their respective regions with long and successful track records. This initiative will allow clients to benefit from this alliance as they diversify their investments into the MENA region, with EFG-Hermes’ local investment experience and leveraging on Fullerton’s network in Asia” said Mr. Hashem Montasser, Managing Director and Head of Asset Management for EFG-Hermes.

In Japan, this strategy is offered through a domestic fund offering by Mizuho Asset Management Co., Ltd, and distributed by Monex Inc.

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Thursday, March 6- 2008 @ 10:16 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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