Rutakina

Although foreign investment firms have had their eye on the Middle Eastern consumer base for quite some time, few have been able to successfully seize this market. This is partially because many investment firms do not have access to Arabic speaking staff members, but the main reason that most major foreign investment companies haven’t had much luck in the Middle East is because they have not been able to partner with a domestic company that the public trusts. Where few have succeeded, Rayan Asset Management and Russell Investments have been able to thrive. Farid Bedjaoui, the CEO and co-founder of Rayan Asset Management believes that his company’s success can be attributed to its knowledge of the local investment industry. After working for years for major banks in the Middle East, Bedjaoui made a calculated move and opened his own investment firm with partner Ziad Dalloul in 2002. Since then, Rayan Asset Management has personally handled the investment needs of countless clients while providing Russell Investments with a plethora of new business.

Most recently, Russell Investments and Rayan Asset Management extended their contract yet again. Both companies are very satisfied with their successes, and their clients have been able to grow their investments at an impressive rate. As their Middle Eastern clients are able to get better investment advice, they are also able to simultaneously access their portfolios online in real time. These companies believe that allowing their clients to have better control over their portfolios inspires greater levels of trust, confidence and loyalty. If their current success is any indication of the future, Russell Investments and Rayan Asset Management will have a very profitable year in 2011.