Russell Investments Continues Partnership With Rayan Asset Management

DUBAI, UAE, November 15, 2010 /PRNewswire/ -- Rayan Asset Management will once again represent Russell Investments in the Middle East. Rayan Asset Management and Russell Investments joined forces in 2002 and this successful union will continue into 2011 and beyond. This alliance has emerged as a winning combination despite the challenging market climate and obstacles from competition.

Rayan Asset Management's role in the region is evident in Pascal Duval's (Executive Managing Director, EMEA at Russell) comment, "Russell...views the Middle East as a region of great potential for international investors, and we are dedicating resources to research investment opportunities with world-class local talent. This will lead to the creation of specialized investment vehicles. We look forward many more years' success working with Rayan to bring market-leading solutions to investors across the region."

Founded by Farid Bedjaoui and Ziad Dalloul, Rayan Asset Management is an investment consultancy based in the Middle East that provides optimal investment solutions for its clients, building upon Russell Investments's forte. This winning exclusive partnership delivers added value for Middle Eastern institutional investors.

As Farid Bedjaoui (Rayan's CEO) reveals, "The synergies achieved between the Rayan and Russell teams...has made this alliance a very powerful one." And this strategic alliance has given birth to a thriving track record with clients including SWFs, pension funds and leading banks as distribution partners.

Farid Bedjaoui adds, "The local presence of the Rayan team fills a gap which is essential for winning business and successfully managing client relationships." And these positive relationships extend to distribution partners like Ahli United Bank, which benefits from Rayan's invaluable support and business development initiatives via ongoing training and assistance.

Farid Bedjaoui explains the shape of things to come, "Interest in international investing is coming and we are in a great position to benefit from this trend. We have a very robust pipeline building up which includes pension fund mandates as well distribution partnerships."

At the forefront of market evolution, Rayan is further developing its expertise to meet investors' needs while rapidly responding to trends. The partnership with Russel Investment is an essential part of this. Rayan also introduced Open World, Russell Investments's new single manager platform for sophisticated investors seeking access to high alpha specialist boutique managers. This partnership offers clients the best portfolio of services and professionalism.

SOURCE Rayan Asset Management