NBO hosts meet on economic scenario
MUSCAT: National Bank of Oman (NBO) recently hosted the Global Investment Conclave 2019 held in partnership with USbased Principal Global Investors (PGI), at its headquarters in Azaiba to analyse the current global economic scenario.
Attended by chief guest, Shaikh Salim bin Mustahail Al Mashani, adviser to the Diwan Royal Court, representatives from key government organizations, pension funds, leading companies, and Sadara Wealth Management, the forum, offers NBO clientele a unique opportunity to interact directly with industry-leading figures, question their position on global markets and future outlook, as well as oil price movements and its effect on the region, Oman and its economy.
In addition, the Conclave featured a panel discussion with PGI’s Chief Investment Officer, Todd Jablonski CFA, and the Head of Asia, Binay Chandgothia CFA, alongside Senior Research Analyst at NBO Nada Al Kharusi and moderated by NBO’s Head of Investment Banking Division Yaseen Al Lawati, CFA. Topics covered traditional investment categories, such as Stocks, Bonds, Equity and Alternatives while discussing investment forecasts outside of the GCC. Speakers also commented on the most critical issues currently influencing financial markets such as the ongoing US-China Trade War, yield curve inversion, the possibility of global recession amid slowing growth and late-cycle volatility, as well the opportunities within emerging markets going forward among other topics.
NBO’s Acting Chief Executive Officer, Sayyid Wasfi bin Jamshid Al Said, said, “Investing in global markets offers greater diversification, access to a variety of economic cycles in growing sectors and new opportunities within those markets.
“The Global Investment Conclave 2019 is a chance for NBO customers to hear from some of the industry’s most-trusted voices and gain insight into future market trends, how to identify the warning signs and opportunities which will help inform their investment decisions. We are always keen on hosting events that can bring more to the table to our clients, benefit them, and add value to their portfolios.”