Portfolio managers at Daman Investments share the latest updates to global and regional markets for July 2021. In addition, the team highlights the impact of global decisions on MENA and emerging markets. Watch the full video for detailed analysis and forecasts.

Portfolio managers at Daman Investments share updates for the month of August, including global news that impacted certain financial markets, the strong performance of equities and fixed income and how Daman Investments is adapting its strategy to take advantage of the market’s performance.

Portfolio managers at Daman Investments share the latest news on different markets globally for the month of October. Watch the full video for detailed explanation and analysis.

Our portfolio managers share their thoughts on the outlook for MENA, global and emerging markets. Watch the full video for a detailed analysis and forecasts.

Join Daman Investments and Daman Securities in celebrating 25 years of success and excellence in the region. Hear our leadership’s reflection on the past 25 years and on what makes Daman Investments one of the leaders in the financial services industry.

It gives us great pleasure to share the October 2023 issue of Daman’s Monthly Review, Asset Allocation & Outlook.

Highlights of the month:
1. Risk assets witnessed a steep decline due to rise in 10-year US treasury real yield and geopolitical escalations
2. Stronger than expected economic data in US and increased supply of treasuries drove higher the long end rates
3. MSCI All Country World Index and MSCI EM Index fell 3.1% and 3.9%, respectively
4. Barclays EM Aggregate Index fell 1.5% from widening spreads as 10-year yields flirted with 5%+ levels
5. UST 2YR rose 4bps to 5.1%, while UST 10YR added 36bps to 4.9%, inversion further improved to -16bps
6. Gold rallied 7.3% on its safe haven appeal
7. MENA equities fell with S&P Pan Arab Composite Large Mid Cap Index down 4.3%
We are overweight on fixed income and neutral on equities