Deutsche Bank 2017 Market Outlook conference in Jeddah comes to an end

Deutsche Bank’s 2017 Market Outlook conference, titled `Global and Regional Investment Perspectives 2017’, the third event of its kind for Deutsche Bank in Saudi Arabia, ended on 13 December in Jeddah.

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macroeconomy

The conference explored pressing macro issues affecting economies, capital markets, companies, family offices and individual investors from the MENA region and beyond. Over 100 delegates heard leading Deutsche Bank strategists and economists present on a range of topics, including the global and Middle Eastern economies, equity markets, foreign exchange and alternative investments in European real estate.

Exciting year

Deutsche Bank’s head of wealth management in Saudi Arabia, Sascha Pietrek, said: “Evolving global growth dynamics and political events such as the US elections and Brexit referendum decision made 2016 an exciting year for our portfolio managers.”

Pietrek added: “Heading into 2017, Brexit implementation and French and German elections will contribute to further periods of higher volatility.  But, with global growth picking up, we think volatility will help create a range of investment opportunities.”

Strong interest

Jamal Al Kishi, CEO, Middle East & Africa and CEO of Deutsche Securities Saudi Arabia, said: “We are continuing to see strong interest and fund inflows into the local and regional MENA economies this year, which has intensified since the launch of Saudi Arabia’s successful USD 17.5 billion sovereign bond this year.”

He added: “This conference has cemented our view that tangible opportunities for our local and international clients exist in this dynamic market, despite ongoing global and regional challenges.”

 

 

 

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