News

Middle East investors to increase exposure to China

China growthThe vast majority (77%) of Middle East-based investors plan to increase their exposure to China over the next 12 months, according to a survey commissioned by Invesco. Almost half (44%) have widened their exposure to China over the last year and this is set to grow over the next year, given that 74% expect better economic conditions in China than other countries during that time.  Fund manager Invesco commissioned the survey of global investors and their exposure of to China which was carried out by Economist Impact. While China has experienced some economic headwinds over the last year, including geo-political uncertainty and the collapsing share price of conglomerate Evergrande, these do not seem to have affected Middle East investors’ view of investment opportunities in the country. And half of the survey respondents believe that the Covid-19 pandemic has increased their appetite for China-based investment. In terms of the asset classes most commonly used by Middle East investors, there is an even split between onshore fixed income and offshore equities, both of which are used by 48% of survey respondents. The survey also showed that technology innovation and renewable energy are among two of the most popular investment themes, as cited by 58% and 36% respectively. According to Invesco’s head of business strategy and development, China A Investments, Chin Ping Chia, the ESG market in China has been helped by improvements in disclosure and reporting standards, increased awareness among corporates and a political will to be more involved with climate change initiatives. “We believe the nation’s ESG and climate ambitions will bring far-reaching transformational consequences to the China investment landscape and shape the way Chinese companies operate,” he said. ©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.