VOL. XLI
No. 32
10-August-1998
BAHRAIN
MAN-Ahli Launches New Open-Ended Fund
According to a company statement, MAN-Ahli Investment Bank raised over $7mn in itsinitial offer period of its Global Portfolio open-ended umbrella fund. According toMAN-Ahli Managing Director, Antoine Massad, the bank is "very pleased with thisresult, particularly as we launched the Global Portfolio just before the quietest periodof the year." He also said that the Fund is expected to build up sales to over $50mnin...
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