Advisers make u-turn on MENA funds

A number of MENA funds were launched last year, and this trend has continued. Recent additions include funds from Barings Asset Management and Julius Baer, which both announced launches this week. Earlier this year a number of advisers and influential fund pickers expressed caution about the region, highlighting its volatile nature and relative immaturity in comparison to more mainstream fields. However, some advisers have now altered their perception of the market and, having seen returns greater than in other equity markets, are now considering investment. Andrew Merricks, head of In...