Middle East Economic Survey
MENA Funds Struggle To Shake Off Financial Crisis
Two years on from when the fall of Lehman Brothers marked the peak of the global financial crisis, MENA funds are still trying to recover from its ill effects. During the crisis investor money flowed out of the regions funds and large chunks of portfolios were sold off and parked as cash for protection from the onslaught.
Investors have been slow to return, with the damage...