Market volatility and inflation are CIOs’ keyconcern

Volatile financial markets and high inflation are the most pressing concerns of asset
managers in the Gulf Cooperation Council (GCC) region, according to our survey of the
sector’s chief investment officers (CIOs). The survey indicates that CIOs expect revenue to
rise as high oil prices support growth in assets under management (AUM), but also anticipate
an increase in operating expenses and competition for new assets.