GIB launches $100m emerging markets fund

05 August 2010

The UK-based subsidiary of Bahrain's Gulf International Bank has announced the launch of a new Emerging Markets Opportunities Fund, with assets of more than $100m. The fund, which aims to generate returns by identifying undervalued opportunities in emerging markets, will be denominated in US dollars but may take positions in emerging market currencies. Credit Suisse is the fund's prime broker, while Citco is the administrator.

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