Wednesday, 27 August 2014
Last updated 3 hours ago
Feb 13 2014 | 1:21pm ET
Plummeting stock prices in emerging markets aren't deterring one Soros Fund Management veteran.
Ahmad Zuaiter is readying a frontier markets hedge fund, focusing on countries such as Argentina, Iraq, Morocco, Nigeria, Pakistan, Vietnam, the United Arab Emirates and Zimbabwe. Zuaiter's Jadara Capital Partners will avoid the more established emerging markets, including China, India and Russia.
"This is almost a perfect time to invest in many of these countries because of their accelerating growth and strong fundamentals," Zuaiter told Bloomberg News. "Generally speaking, frontier markets are positioned to grow at a much better rate than emerging markets."
Zuaiter plans to launch his fund in the second quarter. Jadara is based in Dubai, which Zuaiter chose due to its central location and good air connections with the markets he plans to invest in. He added that regulation by the Dubai Financial Services Authority "is also a big attraction."
Zuaiter worked at Soros Fund Management from 2006 through 2011, when firm founder George Soros returned outside capital and turned the firm into a family office. He divided his years at Soros between New York and Istanbul, and formerly worked at Morgan Stanley Investment Management.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...