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Citi wins MENA mandate

25 January 2010

Citi to provide custodian services to new MENA fund

Citigroup has been appointed by Gulfmena Alternative Investments Ltd, a specialist asset management company and hedge fund manager, to provide global custody services for their newly launched Gulfmena Arab Opportunities Fund Limited.

The fund is a multi-faceted, directional, absolute return strategy which focuses primarily on publicly listed equities in the MENA region; it has a long bias with short extensions. The fund was...


 

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What will UCITS IV mean to the market?

It will increase economies of scale and reduce costs for UCITS investors
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It will result in a push by firms to domicile in a single location as opposed to multiple
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No real effect at all
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