Barings EMEA trust loads up on Middle East

The managers of the £80m Barings Emerging EMEA Opportunities trust have been investing heavily in the Middle East, which they argue has a strong fiscal outlook, and while human rights and societal concerns remain a factor, they believe in the "current direction of travel".  The trust is currently holding 32.5% in Saudi Arabia, with 10.8% in UAE, 7.6% in Qatar and 2.9% in Kuwait, according to the June factsheet, reports sister site Investment Week. Matthias Siller, co-manager on the trust, told Investment Week that the region held "enormous importance" for the global future, particular...