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Marketing and distribution of hedge funds in the Middle East relies on local presence

Sophisticated investors in the Middle East are reluctant to allocate to hedge funds. Marketing funds in the Gulf Co-operation Council remains difficult as numbers of net worth individuals decline.

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Marketing hedge funds into the Middle East became much harder following the financial crisis and the poor performance hedge funds showed in 2008. Investors in the region were not impressed with the gates, suspended redemptions and general illiquidity of many funds.

This has put them off re-investing back into hedge funds. At the same time many have seen their own net worth decline and events in the

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