Posted inBanking & Finance

Shuaa and Forsyth Join Forces

Co-managed fund covers Arab and Asian markets

Shuaa Asset Management, a division of Shuaa Capital, and Forsyth Partners have jointly launched the Arab Asia Gateway Fund.

The Bermuda-domiciled Arab Asia Gateway Fund, which aims for long-term capital growth, provides access to both the Arab and Asian investment worlds through one investment vehicle.

According to Haissam Arabi, managing director of Shuaa Asset Management:

“We are very excited about our partnership with Forsyth Partners on this unique product – the only fund of its kind, which will bring to institutional and retail investors alike an unprecedented combination of two high growth economic blocs.”

The investment management for the Arab element of the Fund will be managed by Shuaa Asset Management, while Forsyth Partners will be managing the Asian portion of the portfolio.

The fund will provide exposure to different markets, industries and sectors through investments in a selection of best of breed funds.

The asset allocation will be determined at quarterly investment meetings.

Arab Asia Gateway Fund has two classes of USD shares.

Class I caters for regional and international institutions and high net worth individuals with a minimum initial investment requirement of US $500,000.

Class R is aimed at retail investors with a minimum initial investment requirement of US $10,000.

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