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The oil-resilient bond bet to back in GCC

The GCC region's oil dependence is evident but it is becoming well-suited to deliver alpha as demographics and credit migration improves.

That is according to Franklin Local Asset Management’s chief investment officer for global sukuk and MENA fixed income, Mohieddine Kronfol.

In this video, Citywire + rated Kronfol, who runs the Franklin GCC Bond fund, names the one market he believes is most resilient to sudden swings in commodity pricing.

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