FIRST, there were the global emerging markets. Then, there was BRIC (Brazil, Russia, India and China). Now, welcome the MENA (Middle East and North Africa).
SG Asset Management has launched the Oasis Middle East and North Africa Fund, the first of its kind in the local market.
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yes, u r right.
ReplyDeletei'm selling off my emerging euro (within this month or next), BRIC (hold) and what u think of MENA?
REF: this week's TheEdge Magz
check it out.
rdgs, San.
I would say MENA will be good to buy for mid-long term investment objective. Countries in the Middle East are rising especially when oil prices are setting record high. More and more businessmen from ME in fact made it to the richest man on earth.
ReplyDeletehongjun
MENA and EMEA Set to Be Next BRIC?
ReplyDeletehttp://hongjun.blogspot.com/2008/03/mena-and-emea-set-to-be-next-bric.html
hongjun