Malaysia is set to overtake the Middle East as the global hub for Islamic investments in terms of assets under management. What can Gulf countries do to counter this trend?
Jean Michel Bourgoin, previously Middle East head for Amundi, will look to expand Natixis Global Asset Management's regional focus beyond sovereign wealth funds.
Tarek Fadlallah says the Japanese fund house's new Dubai office will focus on institutional clients. A retail business is not on the agenda, but investment staff could be.
The UK fund house is said to have engaged a recruitment firm to help it set up its first branch in the Middle East, joining a list of firms making or planning similar moves.
In light of an improved economic outlook and rising salaries, companies in the region are looking anew at the benefits of launching retirement schemes.
Asset managers in the Middle East and North Africa are mulling expanding both regionally and further afield, according to a recent survey.