News

Amundi and Sedco Capital partner for equity fund launch

Launch Saudi fund manager Sedco Capital has partnered with French firm Amundi to launch two global passive equity funds. Both funds are sharia-compliant and aim to focus on equites less correlated to broader market dynamics in order to produce stable returns, according to the two firms. The US$68 million SC Global Listed Infrastructure Equity fund will replicate the FTSE Custom Global Core Infrastructure 50/50 Islamic Net Return index and will focus on government-led infrastructure projects. The $91 million SC Global Low Volatility Equity fund will follow the Dow Jones Islamic Market World Low Volatility 300 net Total Return index. The fund launch comes just days after Sedco Capital partnered with Swiss private bank Lombard Odier to launch a sharia-complaint fund focused on sustainability. Nor is it the only partnership that Amundi has struck in the Middle East this year. In April it signed an MoU with Saudi-based non-profit FII Institute to further its ESG research. ©2021 funds global mena

Executive Interviews

INTERVIEW: ‘Financing is the blood of Iran’s economy’

Amid a fresh wave of American sanctions, Romil Patel spoke to Meysam Hamedi, director of financial markets and instruments at Iran’s Securities & Exchange Organization (SEO).

INTERVIEW: Totally mega

In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...

INTERVIEW: Protecting the investment

Rasmala’s trade finance fund recently passed $100 million in assets. Doug Bitcon, head of credit strategies, explains why he has to be hands-on.

EXECUTIVE INTERVIEW: A natural interest in the topic

Since 2016, Guillermo Ortiz has been a chairman of Latin America’s BTG Pactual. The former central banker of Mexico talks to Nick Fitzpatrick.

Roundtables

Middle East Investor Roundtable 2020: Dimensions of diversification

Investors in the Middle East consider the tools that will be needed to navigate the Covid-19 crisis, the continued appetite for dividend and why it’s all about tech. Chaired by Romil Patel.

South Africa asset management roundtable: Global rebound on ice

Experts discuss the investment implications of the coronavirus pandemic, a delayed rebound in global growth and dealing with South Africa’s energy issues head on. Chaired by Romil Patel in Cape Town.

South African roundtable: Taking the bull by the horns

Our panel discusses Chinese investment in Africa, financial institutions’ contribution to economic sustainability and regulatory concerns. Chaired by Romil Patel in Cape Town.

ROUNDTABLE: Hooked to the global caravan

With the MENA region at a tipping point, our panellists talk about economic diversification, the impact of regulation and the delayed Saudi Aramco listing. Chaired by Romil Patel in Dubai.