Mandates

Portfolio Manager, MENA Public Equity Fund, Dubai

The investment arm of a bulge bracket investment bank is seeking a Portfolio Manager to manage a newly launched long only MENA Fund, based in Dubai

Responsibilities

The Fund aims to achieve long-term capital appreciation by investing in the securities of blue chip companies listed on the stock exchanges of the Middle East and North Africa (MENA) region

  • Exploring fundamentally driven, market-neutral equities opportunities in United Arab Emirates, Saudi Arabia, Oman, Bahrain, Kuwait ,Qatar, Egypt, Jordan, Morocco, Turkey and Israel
  • Focus on old world industries such as basic materials, financials, industrials and telecommunications
  • Identify investment opportunities in the equity market including fundamental due diligence and a rigorous valuation analysis
  • Employ a bottom-up stock picking process and disciplined risk management process
  • Undertake the liquidity screening and assess the quality of management via annual company visits

Will be responsible for comprehensive analysis of MENA stocks including:

  • SAUDI BASIC IND CORP, Materials, Saudi Arabia
  • AL RAHJI BANK, Financials, Saudi Arabia
  • SAMBA FINANCIAL GROUP, Financials, Saudi Arabia
  • EMAAR PROPERTIES, Real Estate, UAE
  • SAUDI ELECTRICITY CO, Utilities, Saudi Arabia
  • ETISALAT, Telecoms, UAE
  • RIYADH BANK, Financials, Saudi Arabia
  • QATAR INDUSTRIES, Industrials, Qatar
  • NATIONAL BANK OF KUWAIT, Financials, Kuwait
  • ORASCOM (Telecoms & Materials), Egypt
  • MOBILE TELECOM CO, Telecoms, Kuwait
  • ETIHAD ETISALAT, Telecoms, Saudi Arabia
  • DUBAI ISLAMIC BANK, Financials, UAE
  • TEVA, Pharma, Israel
  • TURKCELL, Telecoms, Turkey

Requirements

  • 5-10 years of experience gained at buy-side institutions with emerging market exposure
  • A proven track record in Emerging Markets focused funds
  • Fluency in Arabic is a plus but not a prerequisite
     
To apply for this mandate please send your CV to careers@deltaexec.com