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MENA fund managers positive on financials

25 August 2010

Despite a lack of consensus among fund managers on whether the worst is over for the sector, financials bounced back strongly in the MENA region, according to the latest sector update published by Standard & Poor’s Fund Services

Read more: MENA S&P

Despite a lack of consensus among fund managers on whether the worst is over for the sector, financials bounced back strongly in the MENA region, according to the latest sector update published by Standard & Poor’s Fund Services.After being the main laggard in 2008 and 2009, the sector performed well in the first seven months of 2010, although the best-performing names...


 

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