Doha to Host Asset Managers Summi on April 16

Doha, April 03 (QNA) - More than 200 asset managers from Asia, Europe, the United States and the Middle East are expected to attend the Bloomberg Doha Conference organized by Bloomberg LINK in partnership with the Qatar Financial Centre Authority (QFCA) on April 16th and 17th at the Ritz Carlton Hotel. According to a joint press statement, the delegates to the summit will include senior representatives of the local, regional and international media. High-profile speakers, including fund managers, key investors, executives of global bankers, economists, chief executive officers, and prominent Qatari decision makers to discuss major themes such as global issues affecting asset managers, opportunities in various asset classes and market conditions in the Middle East. The wide range of specific topics speakers are expected to debate will include the changing landscape for private equity, the outlook for global banking in 2012, real estate in emerging markets and Qatar National Vision 2030. Panelists will also discuss how many countries in the Middle East are working to diversify away from an oil-based economy, how the wave of uprisings in the Middle East and North Africa will affect business in the region and where investors can find opportunities in Afghanistan and Iraq as a new emerging markets. Director of Asset Management at the Qatar Financial Centre Authority Yousuf al-Jaida said that the presence of many senior figures from the world of asset management at this major conference is testimony to the progress that the QFC have made in developing Qatar as a financial center and to the growing importance of the Gulf region as a link between the mature markets of the west and the emerging markets of the east, noting that asset management is a core focus of the QFC Authority. For his part, Head of Bloomberg LINK Robert Bierman underlined that Qatar provides the perfect backdrop for Bloomberg LINK first conference in the Middle East, given it is one of the fastest growing economies in the region. Attendees at the conference will hear from some of the world's leading financiers about opportunities and potential risks in an uncertain global economy and walk away with a new perspective on investing, he added. Qatar Financial Center (QFC) was set up by the Government of Qatar in 2005 to provide Qatari and international firms with access to local and regional investment opportunities. The QFC offers a strong legal and regulatory environment for firms modelled on global best practice and has already attracted many leading international and local firms to obtain QFC licenses. Qatar Financial Centre Authority is the commercial arm of the Qatar Financial Centre. It is responsible for leading the expansion of Qatar s financial services sector and for developing relationships with the regional and global financial community. In February 2010 the QFC Authority unveiled a new strategy focusing on the creation of a global business hub for three core markets - Asset Management, Reinsurance and Captive Insurance. Headquartered in New York, Bloomberg is a global business and financial information and news leader that gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. (QNA)