Monday, 4 August 2008

HFN Middle East / North Africa (MENA) Average

The new HFN Middle East / North Africa (MENA) Average is a new index comprised of hedge funds in the HFN database that focus their investments on the MENA geographic region and can include countries located in sub-Saharan Africa. Since the last HFN MENA report, the number of funds listed on the HFN database focusing their investments in the region has grown considerably, from 16 funds in the database in August 2007 to a current total of 29 funds.

According to the 2008 Hedge Fund Asset Flows & Trends Report, total estimated assets invested in hedge funds focused on A/ME reached $4.26 billion in Q1 08, continuing a mostly unbroken climb since Q4 04 when assets were $430 million.

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