EPFR Expands Middle East, Africa Funds Data

In the second quarter of this year, the vendor doubled the coverage of funds in its dataset in Bahrain, Kuwait, Oman, Saudi Arabia and the United Arab Emirates to 19 funds and coverage of total assets under management to $14 billion, and hopes to increase that to $20 billion by year-end, according to Simon Ringrose, managing director of sales at EPFR in Boston.

"The Gulf states are developing their own asset management industries, so investors in Europe and the US are interested in seeing flo