Barings provides an update following events in Tunisia Go compare with our comparison table

Barings provides an update following events in Tunisia

19 January 2011 / by Paul Dicken

Markets in the Middle East and North Africa region have been affected by the turmoil in Tunisia, but the medium to long-term prospects across the region are still positive, an investment manager has said.

Ghadir Abu Leil-Cooper, investment manager at the Baring MENA Fund said the fund did not have any direct investments in Tunisia but some companies held by the fund did have exposure to the Tunisian economy.

“Other markets in the region, such as Egypt, have fallen on concerns that the unrest could spread. We do have significant exposure to the Egyptian market and continue to see attractive investment opportunities there,” he said.

Abu Leil-Cooper said political risk was an important factor to consider when investing in the equity markets of the Middle East and North Africa (MENA) region; the region had a young and growing population, he added, with the need to create jobs a must.

“The developments in Tunisia may be a de-stabilising factor in the short term for the region, but change is necessary to create jobs. As the situation evolves, we will continue to monitor developments.”

Abu Leil-Cooper said he remained positive about the medium to long-term prospects across the region.

In a review of fund managers in the MENA region, published on 19 January, Standard&Poor’s the financial information group’s Fund Services division said managers were largely positive about potential returns from countries such as Dubai and Saudi Arabia.

Fund analyst at S&P Robert Demartini said managers were looking at specific company selection for investments in Dubai and saw potential in the sizeable population and strong resources in Saudi Arabia. Fund managers also saw were some opportunities in Qatar where infrastructure spending was likely to be supported by the World Cup due to be held there in 2022.

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Invesco Perpetual Monthly Income Plusyes7.01%More Info >
Income Paid Monthly. Popular income fund that aims to achieve a high level of income whilst seeking to maximise total return through investing in high yielding corporate and Government bonds, together with UK equities. See latest fund factsheet for details.
Newton Higher Incomeyes7.02%More Info >
Income Paid Quarterly. The objective of the Fund is to achieve increasing distributions on a calendar year basis with long term capital growth. The Fund may also invest in collective investment schemes. See latest fund factsheet for details.
Invesco Perpetual Distributionyes6.70%More Info >
Income Paid Monthly. Invesco Perpetual Distribution offers a balance between both income and capital growth through investment in UK based equities and fixed interest securities. See latest fund factsheet for details.
Schroders Income Maximiseryes6.27%More Info >
Income Paid Quarterly. The Fund’s investment objective is to provide income with potential for capital growth primarily through investment in equity and equity related securities of UK companies. The fund will also use derivative instruments to generate additional income. See latest fund factsheet for details.
Henderson Strategic Bondyes5.90%More Info >
Income Paid Quarterly. Investing in higher yielding assets which will include most types of fixed interest securities, this fund aims to deliver a quarterly income to investors. See latest fund factsheet for details.
Invesco Perpetual Corporate Bondyes5.54%More Info >
Income Paid Twice Yearly. The Invesco Perpetual Corporate Bond Fund aims achieve a high level of overall return, with relative security of capital. It intends to invest primarily in fixed interest securities. See latest fund factsheet for details.
Global Equity Income Fund yes4.56%**More Info >
Equity and equity related investments across global markets aiming to provide income and growth. Save 100% on initial charges.
M&G Optimal Incomeyes4.67%More Info >
Income Paid Twice Yearly.The fund aims to provide a total return to investors based on exposure to optimal income streams in investment markets. The fund invests across a broad range of fixed income assets according to where the fund manager identifies value. See latest fund factsheet for details.
Strategic Bond yes4.42%More Info >
The primary investment objective is to maximise total return (income plus capital ) by investing in global debt instruments,denominated in any currency, ranging from AAA Government Bonds through to high yield and emerging market corporate bonds. At least 50% of the fund will be invested in sterling and other currency denominated bonds hedged back to sterling. See latest fund factsheet for details.
Artemis Incomeyes 4.50%More Info >
Income Paid Twice Yearly. This fund aims to provide an increasing income and capital growth from investing mainly in ordinary shares, preference shares, convertible bonds and fixed-interest securities in the UK. We will not be restricted in our choice of investments, either by the size of the company, the industry it trades in, or the geographical split of the portfolio. See latest fund factsheet for details.
UK Income Fundyes4.30%More Info >
Income Paid Quarterly.To provide an above-average and growing income without sacrificing the benefits of long-term capital growth by investing primarily in the shares of companies incorporated or listed in the UK. The Fund may also invest in collective investment schemes. See latest fund factsheet for details.
Invesco Perpetual Incomeyes3.63%More Info >
Income Paid Twice Yearly. The Invesco Perpetual Income Fund aims to achieve a reasonable level of income, together with capital growth. The fund intends to invest primarily in companies listed in the UK, with the balance invested internationally. See latest fund factsheet for details.
Invesco Perpetual High Income Fundyes3.87%More Info >
Income Paid Twice Yearly. Popular with investors, this fund aims to deliver a high level of income combined with capital growth by investing primarily in UK based companies. See latest fund factsheet for details.
*Current Income Yields are Gross, Variable and Not Guaranteed
**Historic Yield reflects distributions declared over the past 12 months as a percentage of the mid-market price of the fund.
*** This is the target yield the fund aims to achieve per year, it is not guaranteed and could change according to prevailing market conditions. The target yield is net of basic rate tax.
Information correct as at 08/02/2012.

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