Odd Lots: How a Fund Manager Is Trying to Solve Some of the Middle East's Biggest Problems
Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance and economics.
When you think about the Middle East what springs to mind? Perhaps oil, maybe political instability, terrorism or even war.
On this week's episode of the Odd Lots podcast we speak to someone who's trying to tackle the region's biggest issues in new and creative ways. Emad Mostaque is the co-chief investment officer of Capricorn Fund Managers Ltd. and a long-time specialist in Gulf markets who successfully predicted the collapse in oil prices that's currently causing a headache for many Middle Eastern economies.
He talks about his proposal to give OPEC a brand new tool to control the crude market in the face of rising U.S. production, as well as a new project to use big data and new technology to fight Islamic extremism and help Syrian refugees find jobs.