Rayan Asset Management will once again represent Russell Investments in the Middle East.
Rayan Asset Management and Russell Investments joined forces in 2002 and this union will continue into 2011 and beyond.
Pascal Duval, executive managing director, EMEA at Russell, says: "Russell views the Middle East as a region of great potential for international investors, and we are dedicating resources to research investment opportunities with world-class local talent. This will lead to the creation of specialised investment vehicles. We look forward many more years’ success working with Rayan to bring market-leading solutions to investors across the region."
Farid Bedjaoui, Rayan’s chief executive, adds: "The synergies achieved between the Rayan and Russell teams have made this alliance a very powerful one."