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November 12, 2009

Bahrain keen to attract hedge funds and insurers

Filed under: Hedge Fund News — Tags: , — trevor @ 9:54 pm

Bahrain is keen to attract and grow the alternative asset management sector, including hedge funds, according to Sheikh Salman Isa Al Khalifa, executive director of banking operations at the Central Bank of Bahrain.

Al Khalifa – speaking at the Hedge Funds Review Middle East Investment and Risk Middle East summit in Bahrain today – said the Kingdom was well placed to encourage the sector’s growth, particularly for funds and managers that want access to the $1 trillion economy offered by the countries of the Gulf Co-operation Council (GCC).

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