Muscat: National Bank of Oman (NBO) recently hosted the Global Investment Conclave 2019 held in partnership with US-based Principal Global Investors (PGI), at its Headquarters in Azaiba to analyse the current global economic scenario. Attended by Chief Guest, Shaikh Salim bin Mustahail Al Mashani, Advisor to the Diwan Royal Court, representatives from key government organizations, pension funds, leading companies, and Sadara Wealth Management, the forum, offers NBO clientele a unique opportunity to interact directly with industry-leading figures, question their position on global markets and future outlook, as well as oil price movements and its effect on the region, Oman and its economy.
In addition, the Conclave featured a panel discussion with PGI’s Chief Investment Officer, Todd Jablonski CFA, and the Head of Asia, Binay Chandgothia CFA, alongside Senior Research Analyst at NBO Nada Al Kharusi and moderated by NBO’s Head of Investment Banking Division Yaseen Al Lawati, CFA. Topics covered traditional investment categories, such as Stocks, Bonds, Equity and Alternatives while discussing investment forecasts outside of the GCC. Speakers also commented on the most critical issues currently influencing financial markets such as the ongoing US-China Trade War, yield curve inversion, the possibility of global recession amid slowing growth and late-cycle volatility, as well the opportunities within emerging markets going forward among other topics.
NBO’s Acting Chief Executive Officer, Sayyid Wasfi bin Jamshid Al Said, said, “Investing in global markets offers greater diversification, access to a variety of economic cycles in growing sectors and new opportunities within those markets. The Global Investment Conclave 2019 is a chance for NBO customers to hear from some of the industry’s most-trusted voices and gain insight into future market trends, how to identify the warning signs and opportunities which will help inform their investment decisions.” “We are always keen to hosting events that can bring more to the table to our clients, benefit them, and add value to their portfolios.” He added.
Since 2017, NBO has provided international discretionary and advisory asset management services, developed and managed internally through its Investment Banking Division (IBD). The consistently high-performance and capabilities of the IBD are in line with the equivalent services offered by the major global financial institutions.
The partnership with PGI, a Fortune 500® company with a total Assets Under Management value of US$ 675.4 Billion, aims to bring global expertise to the local market. It further elevates the bank’s offering by developing local talents in Oman to manage and advise on international investments.
-Ends-
About National Bank of Oman:
NBO, the first local commercial bank in the Sultanate of Oman, was founded in 1973 and is today one of the leading banks in Oman. The Bank serves its customers in Oman through 60 Branches, more than 180 ATM/FFM/CCDMs as well as two Branches in U.A.E.
The Bank is committed to community improvement through its corporate citizenship programs and is an active supporter of a range of worthy causes in Oman, with emphasis on health and human services, civic, education, environment, youth, women, arts and culture.
For more information, please contact:
Sudipta Dasgupta
TRACCS
Telephone: +968 24 649-099
Mobile: +968 94558787
Email: Sudipta.dasgupta@traccs.net
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
