Dubai Financial Market (DFM) has announced that it will hold a roadshow next month in London to attract additional foreign institutional investment in the DFM. As part of the event, DFM will organise a two-day conference on May 22 and 23, during which representatives of DFM itself and 12 other companies listed on the market will meet managers of international funds.

Essa Kazim, chairman of DFM, said: “The conference comes in line with DFM’s plans to hold several similar conferences across the world. This roadshow will help to build relations with managers of international funds, who will have an opportunity to identify prospects and opportunities for investing in DFM-listed companies.”
During the conference, DFM will present the market’s achievements and trading mechanisms. Representatives of the other companies will also provide an overview of their activities and performance. Additionally, the UAE contingent will hold with international fund managers, who will have an opportunity to identify prospects and opportunities for investing in DFM-listed companies.

Companies that will take part in the conference include Emaar Properties, Dubai Islamic Bank, Amlak Finance, and Shuaa Capital. 7DAYS spoke to a fund manager for a worldwide investment firm who wished to remain anonymous when he said: “The poor performance of the DFM index is due mainly to the reluctance of institutional investors to get involved, primarily due to lack of market transparency.”