Salient to Investors:
Abdul Kadir Hussain at Mashreq Capital DIFC said fixed-income returns in the Gulf region may drop by half to between 4 percent and 6 percent in 2013 because 3 years is a long time to have a rally and valuations are priced to perfection – the last time they were this high was in 2006 or 2007 albeit in a much smaller market.
Read the full article at http://www.bloomberg.com/news/2012-12-05/top-gulf-fund-manager-says-bond-rally-to-fizzle-islamic-finance.html