Bahrain Sovereign Fund Mulls Hedge Funds

Mar 25 2010 | 12:16pm ET

Bahrain’s sovereign wealth fund may make its maiden investment in hedge funds next year.

“Yes, we are looking at potentially investing in hedge funds in the future,” Hani  Redha, investment manager at the US$14 billion Bahrain Mumtalakat Holding Co., told HFMWeek. “It won’t happen this year, but the following year is a possibility.”

Redha said the sovereign fund was seeking to diversify its potfolio. He added that a hedge fund investment would be its first foray into alternative investments of any kind.

BMH has not decided how much to allocate to the asset class.


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...