Arqaam Capital has “improved its ranking in this year’s Extel survey by one placeclinching the third spot in the Middle East & North Africa ahead of 31 regional and global institutions,” the firm said in a statement (pdf). Arqaam, which bills itself as an emerging markets specialist, also landed a top ten position in both South Africa and in frontier markets. The news comes after it placed in the Africa (excluding South Africa) table in this year’s South Africa’s Financial Mail survey (4.2 MB pdf).

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