Well at least this time around, when some fund manager somewhere in the world; picks a stock and makes a nose dive into red with his NAV, and specifically when the geography is Japan; no one’s going to wag their finger in front of the guy and say ‘ I told you so’.But on a more serious and specific to the region question, I couldn’t really understand what was the financial exposure of the middle east into Japan Equities; my guesstimate would be that it would be minimal and here’s what I found.
The following Funds managers and Funds from the Middle East have an exposure into Japan Equities
• Japan Stock Fund - Riyad Capital
• Al Arabi Japan Equity Fund - ANB Invest
• Al Mashareq Japanese Equity Fund - AlJazira Capital
• Japan Equity Fund - Samba Capital
What I’m hoping for the sake of the investors of these funds is that Japanese Insurance Companies are not part of the asset allocation strategy in these funds.
While I pray for the Japanese people, I’m hoping the Japanese Godzilla stays far away from our shores; Out here in the Middle East we have our own wars to fight and Godzillas (a.k.a Gaddafi) to deal with.
Quack, Quack.. ?
