Sunday 27, July 2008 by
Global lists six funds on Bahrain Stock Exchange,
Kuwait-based Global Investment House is launching six mutual funds on the Bahrain Stock Exchange today. The $84 million Global Energy, Petrochemical and Downstream Industries Fund was set up in May 2008, while the $51 million Global Jordan Fund, which came into being in October 2006 will invest in the Amman Stock Exchange as well as in IPO and pre-IPO issues in Jordan. Global said the Jordan fund may invest in fixed income and money market instruments to preserve capital during periods of weak equity market environment.
