Agile Financial Times May09 Edition

The document provides an outlook on investment management in the Middle East and Africa regions. It discusses how both regions saw significant wealth creation and growth in assets under management in 2007. However, the global financial crisis severely impacted emerging economies that depended on foreign investments and exports from developed countries. Stock markets and local exchanges in the Middle East and Africa declined substantially in 2008 as commodity prices fell. However, the document cites a report forecasting a speedy recovery for the Middle East in 2010 as oil demand and prices are expected to rise again.