Huge congratulations to @DalmaCapital Capital on launching "Fund-Intro"! This is a great step forward in connecting Limited Partners with leading investment funds and General Partners globally. Looking forward to the success and opportunities this service will bring. Well done, team!
https://t.co/OtoZbxwIZy
I recently spoke to @AlBayanNews about the evolving and dynamic investment landscape in the UAE, with a focus on wealthy families. We delved into their increasing commitment to Environmental, Social, and Governance (ESG) principles, as well as their growing interest in technology, alternative investments and real estate. Family businesses, I noted, have been instrumental in shaping the growth of Islamic finance in the UAE.
A significant milestone in the development of the local debt capital market is the UAE’s issuance of dirham-denominated Islamic Treasury Sukuk in May. This underlines the country's commitment to innovation within the financial sector.
I also discussed the challenges faced by family businesses due to intra-family disputes and the UAE government's initiatives to mitigate them.
Read the full article here: https://t.co/Py7LFh7ZU5
#UAE #familyoffices #business
Fed's meeting minutes rocked markets as they revealed a division among voters on rate hikes. The minutes suggest a high probability of a rate rise in the upcoming meeting. Markets would do well to start to believe that Powell might fulfill his ‘promise’ of two rate hikes.
Last week in #HongKong was a whirlwind of conference sessions, meetings and interviews. Thanks Greenwich Economic Forum for having me and a big thank you to the journalists who took the time to interview me on-site/report on my sessions. Here’s a selection of news coverage from the conference:
Bloomberg
Mobius: Investing in India Software; to Look at Hardware https://t.co/g459uHm1k1
Mobius: We Are Not Ignoring China https://t.co/6UWeiESWbt
Population Boom Spurs Hunt for Stock Market Winners in India https://t.co/R3XrweZ6ps
21st Century Business Herald 21世纪经济报道
新兴市场教父麦朴思:看好中国巨大的消费市场潜力 https://t.co/cnvuZIa0Mx
China Fund News 中国基金报
新兴市场教父Mark Mobius 最新发声! https://t.co/L7kTpCWSmK
Reuters:
Veteran investor Mobius says “a big mistake” to avoid China https://t.co/2KX5cknFY2
It was a pleasure to be on @CNBCArabia yesterday to discuss US monetary policy and the broader macroeconomic landscape. The Fed looks set to take a pause in rate hikes this week and resume in July. The US equities market is hindered by the absence of sector rotation. The rise in the US 10-year govt bond yield since May poses a challenge for growth stocks such as those in the tech sector, which have been the primary drivers of the market's success.
Higher interest rates will likely persist much longer than markets have currently priced in. I don’t see a rate cut anytime soon. Based on past trends, the earliest possibility would be around the middle of next year. #interestrate#inflation@moneyfm893 https://t.co/dZxEh1Dpzb
Excited to moderate a panel at the India-Gulf Business Summit in Abu Dhabi on June 14. Our panel will discuss "The Art of Investment Strategies."
Register for the event here: https://t.co/u7XODU1C8n
#India#GCC#investment#AbuDhabi
The #UK is grappling with soaring food prices and I believe #Brexit has a role to play in the situation. Realistically, it might take six to nine months before a significant decline can be seen in elevated prices. Watch my interview with @republic https://t.co/xLepzZPrEO
Our CIO @GaryDuganCIO joined @DubaiEye1038FM this morning. He warned of persistent US #inflation, while highlighting palpable growth and confidence in #India, with major infrastructure improvements and a booming consumption sector.
#US#inflation data aligns with expectations: headline at 4.9%, core at 5.5%. Service sector price inflation remains robust up 0.4% MoM. Core goods up 0.6% w/ used car price rebound. Consumer price inflation is abating as sensitivity to tariffs in airlines & hospitality grows.
I had a fantastic time at The Visionaries’ Summit in #Jamaica last month, where I was given the opportunity to share my passion for uncovering unique investment opportunities off the beaten path. Thanks Kirk-Anthony Hamilton for having me.