An active asset manager focused on MENA equities.
Integra Asset Management is an independent, active manager,  singularly focused on managing MENA listed equities. Our investment team combines deep regional knowledge, expertise, and connectivity. Our interests are fully aligned with our investors.
Our Investment Philosophy
Our investment philosophy has three core pillars:

Value

We believe that companies that are undervalued relative to their "intrinsic value" will eventually outperform
We believe that companies that are undervalued relative to their "intrinsic value" will eventually outperform and the difference between the intrinsic value and market value will eventually reduce to zero. We acknowledge that the timing of such convergence is uncertain and thus our investment horizon is counted in months, if not years, rather than weeks.

Change

We also believe that significant outperformance will come from companies going through “change"
We also believe that significant outperformance will come from companies going through “change", and thus we spend a great deal of time and effort to understand what is changing or what needs to change so that the market acknowledges the company’s intrinsic value, and to assess the probability of such needed changes happening in the future.

Focus

We believe too many stocks or strategies in a portfolio dilute returns and decrease the focus of the team
We believe too many stocks or strategies in a portfolio dilute returns and decrease the focus of the team. While risk is slightly higher with concentrated portfolios, most of the diversification benefits are achieved by holding 15 to 20 names or strategies.

Value

We believe that companies that are undervalued relative to their "intrinsic value" will eventually outperform
We believe that companies that are undervalued relative to their "intrinsic value" will eventually outperform and the difference between the intrinsic value and market value will eventually reduce to zero. We acknowledge that the timing of such convergence is uncertain and thus our investment horizon is counted in months, if not years, rather than weeks.

Change

We also believe that significant outperformance will come from companies going through “change"
We also believe that significant outperformance will come from companies going through “change", and thus we spend a great deal of time and effort to understand what is changing or what needs to change so that the market acknowledges the company’s intrinsic value, and to assess the probability of such needed changes happening in the future.

Focus

We believe too many stocks or strategies in a portfolio dilute returns and decrease the focus of the team
We believe too many stocks or strategies in a portfolio dilute returns and decrease the focus of the team. While risk is slightly higher with concentrated portfolios, most of the diversification benefits are achieved by holding 15 to 20 names or strategies.
Our Team
A strong and stable Investment team
The investment team members have on average over 15 years of regional and international experience gained from top international firms. The team is based in the region and is completely dedicated to managing MENA listed equities.

Disclaimer

You must read the following information before proceeding.

By accessing this website, you are agreeing to be bound by the website’s Terms and Conditions of Use, all applicable laws and regulations, and agree that you are responsible for compliance with any applicable local laws. If you do not agree with any of these terms, you are prohibited from using or accessing this site.

After you have read the information herein, you will be instructed to click either “I Agree” or “Exit Site” below.

If you click “I agree” you will be deemed to:

  • acknowledge that you are legally permitted to access this website; and
  • that you accept the information herein.

If you click “Decline” you will not be allowed to proceed using or accessing this website.

The information contained in this website is communicated by Integra Asset Management Limited (“Integra”), an entity registered in the Dubai International Financial Centre (“DIFC”) registration number CL2761 and licensed and regulated by the Dubai Financial Services Authority (“DFSA”) reference number F004737.

The information in this website is directed to Professional Clients (as defined in DFSA Conduct of Business Rulebook) only and financial products and/or services mentioned or referred to will only be made available to Professional Clients and not to Retail Clients. The information contained in this website is for general purposes only and should not be relied upon as sufficient information to make any investment decision without taking appropriate advice. The information does not constitute the giving of investment advice, an offer, a recommendation, or a solicitation to buy or sell investment products.

The information on Integra’s web site is provided “as is”. Integra makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties, including without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights. Further, Integra does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its web site or otherwise relating to such materials or on any sites linked to this site.

In no event shall Integra or its affiliates, partners, suppliers or counterparts be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption,) arising out of the use or inability to use the information in this website, even if Integra or an Integra authorized representative has been notified orally or in writing of the possibility of such damage. Because some jurisdictions do not allow limitations on implied warranties, or limitations of liability for consequential or incidental damages, these limitations may not apply to you.

The information appearing on Integra’s web site could include technical, typographical, or photographic errors. Integra does not warrant that any of the information on its web site are accurate, complete, or current. Integra may make changes to the information contained on its web site at any time without notice. Integra does not, however, make any commitment to update such information.

Integra may revise these terms of use for its website at any time without notice. By using this website, you are agreeing to be bound by the then current version of these Terms and Conditions of Use. Any claim relating to Integra’s website shall be governed by the laws of the Dubai International Financial Center (‘DIFC’), United Arab Emirates without regard to its conflict of law provisions.

Prospective investors should inform themselves as to applicable legal requirements, exchange control regulations and taxes in the countries of their citizenship, residence or domicile. Prospective and existing investors confirm, by accessing this website, that information accessed therein is obtained of their own volition and does not constitute active marketing undertaken by Integra or its affiliated entities. This website is published solely for informational purposes and has no regard to the specific investment objectives, financial situation or particular needs of any person. The information contained in this website is not intended to constitute, and should not be construed as, investment advice.

The entire contents of this website are subject to copyright with all rights reserved. You may download or print individual sections of the site for your personal use and information only provided that you retain all copyright and other proprietary notices. You may not reproduce (in whole or in part), transmit (by electronic means or otherwise), modify, link into or use for any public or commercial purpose the site without the prior written permission of Integra. You must not transmit any virus, “worm”, “Trojan horse”, or other item of a destructive nature to the site and it is your responsibility to ensure that whatever you download or select for your use from the site is free from such items.

By accessing this website beyond this point you confirm your status as a Professional Client or eligible Market Counterparty (as defined in the DFSA Rulebook) and you warrant as such.