IslamicFinance.de

Tumbling oil prices may have dented Gulf investors’ surplus reserves, but their appetite for high-yield overseas-based assets remains robust, says Korosh Farazad, Chairman and CEO of Boutique Investment Bank Farazad Investments Inc. (FII). Middle East investors, particularly those from the Gulf countries such as UAE, Kuwait and Qatar, are attracted to trophy assets that could yield a minimum of 8% return on their investments, he says. These assets are typically located in Europe, Turkey and North America, where a transparent legal system, relatively stable political and security environment, and strong macroeconomic fundamentals have proven to be appealing to overseas investors.