Auerbach Grayson & Company, a New York-based brokerage firm that specializes in global trade execution and local research for US institutional investors, is now the first brokerage to offer US institutional investors access to the Palestine Exchange through its partnership with Sahem Trading & Investments, one of the largest brokerage houses in Palestine.
Through the partnership, Auerbach Grayson will provide its institutional clients with on-the-ground intelligence and increased coverage of investing opportunities in Palestine. The partnership also allows Sahem Trading & Investments to expand its global business to the US by servicing Auerbach Graysons clients, more than 500 of the worlds largest institutional investors, comprising 2,500 international portfolio managers and analysts.
Despite the turmoil in the Arab markets, we are seeing increased demand for coverage throughout the entire region, says David Grayson, managing director and co-founder of Auerbach Grayson. Offering research, execution and access to corporate management of the Palestinian market is an extension of our everyday business. At the same time, it enables investors to participate in the continued growth we are witnessing in Palestine.
Samir Zraiq, general manager of Sahem Trading & Investments, adds: “Our partnership with Auerbach Grayson will enable us to further foreign investment in Palestine by building relationships with some of the largest institutional investors in the world. We see this partnership as an integral step in attracting some of the worlds savviest investors.
(CG)