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INVESTMENT
Management
Group
Established
in April 1998, OAB's Investment Management Group
(IMG) is
licensed
by the Capital Market Authority and the Central Bank of Oman to carry out Investment Banking activities in the Sultanate of Oman. As a part of the Arab Bank's Global Investment Management Group
(GIMG), the
IMG draws upon the
GIMG's global investment banking expertise and provides a comprehensive
range of services related to both, the local and international markets. The
GIMG has Regional Investment Management
Centers located in Singapore, Zurich, London, Geneva and Egypt.
Services
-
Portfolio Management
Portfolio Management is a key focus area for the
IMG. With assets under management in the region of
US$ 62 MM, the
IMG provides portfolio management services on a discretionary and non-discretionary basis to institutions like Pension Funds, Private Trusts, Corporates and High-networth Individuals.
Portfolios are tailor-made to suit individual needs in terms of investment horizon, risk-return preferences and other parameters. In order to maintain the highest ethical and service standards, the IMG enters into separate agreements with each of its portfolio clients. The agreements specify all relevant aspects including broad portfolio strategy, performance measurement, reporting and incorporate all investor preferences. The IMG offers access to international markets through the funds managed by Arab Bank. The total funds under management are in the region of US$
1 billion.
-
Issue Management
The
IMG offers issue
managernent services to corporates wishing to access the primary markets in Oman. All activities, from advice on pricing and structuring and the preparation of the
Prospectus, till the listing of the instrument are managed by the IMG in a highly structured, time-efficient manner. The
IMG is also active in underwriting and issue collection activities.
Recent
IMG
mandates
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Manah Project (phase II) - the IMG acted as sole issue manager for the
US$ 28 MM rights issue.
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Renaissance Services
(PD0 motel) -
IMG raised US$ 13 MM for this
IPO
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Al
Ahlia Detergent Co. - Private Placement
IMG raised US$ 0.6 MM.
-
A'Saffa Poultry Farms Co. - raised US$6.5 MM for this IPO.
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Al Jazeera Tube Mills -
IMG raised
us$ 3 MM for the rights issue.
-
Barr Al Jissa - Advisor to the project.
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Corporate Advisory Service
The IMG offers advice to corporates in the areas of valuation, mergers and financial structuring. The IMO also undertakes financial feasibility studies and preparation of Info Memo and assists corporates in raising private finance from institutions and individual investors through placements.
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Research & Infrastructure
The IMO has built up a comprehensive database of local corporates and regularly supplements it with company visits and regular updates. The
IMG also has access to the latest local and international research. The research team produces a Weekly Update, which includes a review of the Muscat Security Market during the week and important economic data relating to Oman and the
GCC.
The IMG hag a separate computer network and is equipped with portfolio management software, in-house software to quickly access local company data and also has access to Arab Bank's proprietary network and Reuters.
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Custody Service
The IMG offers Custody Service to individuals and financial institutions in Oman. The assets under custody in Oman totalled US$46 million.
Contacts
Lo
ai Bataineh
Phone: 968-709081 (Direct)
e-mail:
bataineh@omantel.net.om
Manish
Manyavanshi
Phone:
968-797420
(Direct)
Mohammed
Al Riyami
Phone: 968-706265 Ext.
175
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