ADS' Lemand Sees Positive Trend for Middle East Earnings

The video tutorial discusses the current earnings season, highlighting positive trends in the SMP GCC index with 24 out of 123 companies reporting favorable results. It explores growth across sectors, predicting sustained positive trends similar to previous quarters. The GCC market, particularly Saudi Arabia, is viewed positively due to ongoing reforms. In terms of asset allocation, the focus is on overweighting non-cyclical and non-oil subsidized companies, with a tactical approach to other stocks. The fixed income portfolio has shown strong returns, with significant opportunities in the GCC region.

What sectors are recommended for asset allocation in the Gulf region?

What is the outlook for fixed income investments in the GCC according to the text?