Barings is latest group to enter the MENA space

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Barings has become the latest group to launch a Middle East and North Africa (MENA) fund accessible ...

Barings has become the latest group to launch a Middle East and North Africa (MENA) fund accessible to UK retail investors. The vehicle is be run by Ghadir Abu Leil-Cooper, head of the group's emerging Europe, Middle East and North Africa equities team. It will be structured as an Oeic and domiciled in Ireland, subject to regulatory approval. Leil-Cooper's strategy is to focus on bottom-up stockpicking in the 40-60 stock portfolio, choosing companies she feels offer growth at a reasonable price. Leil-Cooper said: "The investment rationale for investing in the Mena region is a strong...

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