Alquity fund launched on Zurich International Investment Platform during Middle East roadshow
Alquity Investment Management, an experienced fund management company specializing in innovative investment, held its second roadshow in the Middle East on Monday, starting off in the UAE; Abu Dhabi and Dubai. The fund management company appeared on the Zurich Investment Update roadshow in order to introduce the Alquity Africa Fund to Middle-Eastern investors as a way of getting exposure to a key growth area for their portfolios.
In the past decade stock markets across Africa have produced impressive performance relative to other global markets, however, Africa as a region has historically been difficult for retail investors to access, especially in the Middle East. The Alquity Africa Fund provides diversified, one-stop access to the exciting growth potential of the African continent. It is an absolute return product, which does not attempt to invest purely in companies belonging to a particular index or benchmark. The fund targets double-digit returns from Africa's high-growth economies.
The fund is simple for clients to understand as it does not use gearing nor derivatives and hence avoids unnecessary risks. Currently, Alquity is listed on a number of platforms, which service the UAE and Middle East, including Friends Provident, Zurich International and Hansard.
Commenting at the roadshow, Paul Robinson, CEO of Alquity Investment Management said: "This is our second roadshow into the Middle East and we are happy to have kick-started it in the UAE. For us, the Middle East is a fast growing and vibrant area. Investors are educated and understand the way emerging markets work and are open minded about investing in such opportunities."
"We have started to develop strong, long-term relationships with clients in the region and with the launch on the Zurich distribution platform we are able to deliver attractive growth to investors on a long-term, sustainable basis. We have ambitious growth plans in the UAE. In fact, the Middle East is one of our three key priority areas for 2012 alongside Asia and Latin America," added Robinson.
Alquity offers investors a carefully formulated strategy to maximize long-term investment opportunities. In 8 of the last 10 years emerging markets have outperformed developed economies in delivering investment growth. Additionally, there are strong and increasing ties between the Middle East and Africa, covering both Arab and Non Resident Indian investors. Today, Middle East governments are buying large areas of land in Africa to secure food supply, and corporations have identified attractive investment opportunities in Africa.
Alquity's unique proposition involves delivering outstanding returns to investors whilst donating a minimum of 25% of its net management fee revenue to The One Foundation to create jobs in disadvantaged communities. As the donation comes from Alquity's management fee the investor's return is unaffected.
About Alquity Investment Management
www.alquity.com
Alquity Investment Management (Alquity) is part of the Alquity Group. It is a long-standing investment management group with approximately US$70 million of assets under management. Alquity Investment Management offers a new model for investment management built around three core principles: attractive returns, sustainable investment and transforming lives.
Attractive returns: The Alquity Africa Fund is the first in Alquity's planned range of emerging market funds, and was launched in the UK in June 2010. It is available internationally and has been registered for retail sale in the UK by the Financial Services Authority as well as in Hong Kong by the Hong Kong SFC.
Sustainable Investment: As an emerging markets investment manager, Alquity Investment Management Ltd is authorised and regulated by the Financial Services Authority and is also a signatory to the UN Principles for Responsible Investment. Alquity's investment team has over 20 years of experience in emerging markets.
Transforming lives: To transform lives, the company donates a minimum of 25% of its net management fees to microfinance projects in Africa. The aim is to transform 100,000 lives by June of 2013 and 100,000 lives annually thereafter by funding microfinance projects.
For further information please contact:
Fekra Communications
Mohammed El Batta
T: +971 4 4280855 | F: +971 4 4293236 | M: +971 55 5542678
E: mohammed.elbatta@fekracomms.com | www.fekracomms.com
© Press Release 2012
