Turkey has seen a re-balancing of its political landscape. The economic consequences are more difficult to ascertain. Analysts at BNP Paribas Investment Partners, the asset management arm of the French bank, believe there is likely to be short-term volatility but the long term implications of these results are quite positive.
As well as having much of the risk drained out of it, the securitisation market is also growing again. Up to the end of May 2015, the volume of securitisation in EMEA was up 68% at US$24.7bn, the most active first quarter since 2007 when it hit US$150bn.
Lebanon’s banking sector continues to be defined by strong capitalisation and ample liquidity. A loyal network of depositors and inflows of generous remittances from wealthy Lebanese residing abroad make a strong contribution to the sector’s resilience as well.
Being a signatory to the UN Principles for Responsible Investment (PRI) has become a badge of honour for many pension funds and asset managers.
Renewable energy resources do not just have the potential to meet Jordan’s electricity needs but, by 2050, they could provide more than 60 times the country’s energy consumption.
IFIs back Egyptian gas projects; and Mozambique coal industry collapse.
Private equity in Dubai; Omani banks eyeing mergers; and AMF supports Jordan.
Ukraine getting it right; and sale of Slovenia’s second-largest bank.