As part of its endeavor to further attract international investments and strengthen links between listed companies and institutional investors, Bahrain Bourse led a roadshow to Luxembourg, in collaboration with HSBC.
Taking place between 24 and 26 September 2019, the roadshow involved a senior delegation comprising 11 representatives from 4 listed companies. The Roadshow was held on the sidelines of the ALFI Global Distribution Conference, one of the largest fund management forums in Europe, involving more than 200 international fund managers.
The Bahrain Bourse roadshow provided representatives of 4 listed companies the opportunity to showcase their business developments and growth strategies to international fund managers. Sh. Khalifa bin Ebrahim Al-Khalifa, Chief Executive Officer of Bahrain Bourse lead the delegation which included; Bahrain Telecommunications Company (‘Batelco’), Ithmaar Holding, National Bank of Bahrain, and SICO BSC (c). The roadshow enabled participating listed companies, representing BD 1.8 billion total market capitalization, to hold more than 30 one-to-one meetings with senior representatives of 9 fund managers.
During the conference, Bahrain Bourse showcased key business development plans and proposed equity market development roll-outs during a MENA-focused panel discussions showing capital market opportunities in Bahrain. Bahrain Bourse team also visited Luxembourg Stock Exchange Market.
Commenting on the outcome of the event, Shaikh Khalifa Bin Ebrahim Al Khalifa, the Chief Executive Officer of Bahrain Bourse stated: “Active engagement with international investment funds plays a pivotal role in maintaining investment inflow from international investors and fund managers, as we have seen growing appetite from international institutional investors into the market due to the lucrative opportunities available and this roadshow is intended to boost this trend. The roadshow’s ability to secure meetings with high-profiled fund managers showcases the lucrative opportunities available in the market.”
“Bahrain’s capital market key features in terms of ease of access, range of asset classes available, robust regulatory framework, and zero foreign ownership restrictions further stand out as a testament to the strength and attractiveness of the market. Based on the positive interest received from fund managers and other stakeholders, we look forward next year’s roadshow with an enhanced outreach and expanded geographic footprint.” added Sh. Khalifa.