Boursa Kuwait holds ‘Financial Asset Managers Day’ in Dubai

Boursa Kuwait holds ‘Financial Asset Managers Day’ in Dubai

KUWAIT: Boursa Kuwait organized a “Financial Asset Managers Day” on Oct 11, 2023 in collaboration with HSBC, the British-based multinational investment bank and one of the largest investment banks in Europe. Held at the bank’s headquarters in Dubai, the United Arab Emirates, the initiative brought together representatives from eight licensed Kuwaiti investment companies with the Markets and Securities Services Desk at HSBC (HSBC MSS).

The Day opened with keynote speeches from the bank’s senior management to the Kuwaiti investment companies, highlighting the latest trends and developments in the GCC and Middle East’s capital markets as well as showcasing the bank’s strategic vision and objectives in dealing with those trends. The presentations also delved into HSBC’s role to meet the requirements of international investors looking for opportunities in GCC markets. Additionally, one-on-one meetings provided a platform for in-depth discussions on areas of interest, business opportunities, and potential collaborations.

HSBC handpicked eight investment companies using specific criteria, choosing the Kuwait Investment Company, Wafra Investment Company, Kuwait Financial Center (Markaz), the National Investment Company, KFH Capital, KAMCO Invest, Arzan Financial Group and NBK Capital. At the event, Boursa Kuwait’s Head of Markets Sector, Noura Al-Abdulkareem, said, “We are pleased to collaborate with HSBC to organize