Wednesday 16th, December 2015
MUSCAT: Bank Muscat Asset Management as part of the bank's 'Let's Do More' vision and partnership to work together to achieve the strategic investment objectives of valued clients, hosted renowned economists and investment experts -- Greg Priddy, Director of Global Energy & Natural Resources, and Marc Moussalli, Director Global Markets, Eurasia Group. In separate gatherings, the workshop addressed by the experts were attended by the bank's Management Team and prime clients. Greg Priddy in his presentation on "Rebalancing of the World Oil Market: Geopolitical Influences & Fundamental Drivers" highlighted the continuing imbroglio of the depressed oil market.
Priddy is a leading oil analyst for energy projects, global oil markets, Opec and the Gulf region. He focuses primarily on the global oil market and issues that affect strategic decision-making in the upstream and downstream. Marc Moussalli made a presentation on 'Approach to Global Geopolitical Risks'. Moussalli works with European institutional investors to advise on global political and macro-economic risks. He lays emphasis on structured investment and risk management products across asset classes.
Abdullah al Hinai, DGM --Investment Banking, said: "Bank Muscat Asset Management is gratified to facilitate this unique opportunity to listen and interact with experts on macro-economic challenges facing the region arising from depressed oil prices and geopolitical developments fanning this situation which call for tactical responses to develop winning investment strategies. The initiative affirms the commitment of Bank Muscat Asset Management to strengthen customer relations and equip esteemed clients with the necessary insights on prevailing global economic trends to identify new investment opportunities."
Bank Muscat Asset Management is the biggest fund manager in Oman, offering a variety of funds investing in Oman, the MENA region and international markets. The division manages $1.8 billion worth of assets, 60% of which are invested in equity markets, 25% in fixed income and the remaining 15% in real estate and private equities.
© Oman Daily Observer 2015
