AllianceBernstein will set up shop in the Dubai International Financial Centre
Asset Management
Asset Management
Middle East asset management industry hits $100bn growth in 2022: Report
Asset managers globally will need to reduce costs by 20 percent overall, the report said
Asset Management
DIFC: Dubai attracts finance giants to $8tn wealth market
Rothschild, Nomura, EnTrust set up at Dubai International Financial Centre in wealth management boom
Asset Management
Burford Capital opens office in Dubai
Global finance and asset management firm Burford Capital expanding in Dubai
Abu Dhabi
Shuaa launches three new Sharia-compliant funds, bringing assets under management to $200mn
The three new funds will expand choices available to institutional high net worth individuals (HNWIs) and corporate investors
Abu Dhabi
Abu Dhabi’s Mubadala close to buying Fortress from Softbank in $2 billion deal
No final decisions have been made, and the deal could still fall apart
Asset Management
Credit Suisse to expand operations in Qatar with launch of new tech hub
The hub, will be in partnership with Investment Promotion Agency (IPA) in Qatar, and is said to open 100 jobs in the next few years, across its wealth management, investment banking and asset management divisions
Abu Dhabi
New trade association launched for Middle East investment management professionals
The group aims to engage with regulators “to drive a competitive and compliant regional asset management operating environment”
Asset Management
US investment advisor Lord Abbett sets up first Middle East base in Dubai’s DIFC
Lord Abbett joins more than 250 companies at the region’s wealth and asset management hub in DIFC
Asset Management
Why are real assets the key to investors’ survival?
Historically, real assets have indeed outperformed cash and bonds during elevated, but contained, periods of inflation
Asset Management
‘Unparalleled demand’ from US firms looking to move talent to Dubai, says DIFC Governor
Dubai International Finance Centre (DIFC) has been highlighting its role as a regional business hub
Asset Management
Middle East assets under management hit $1.2 trillion as retail investing gains steam
Retail investors among most important investor segments, making up 9 percent of assets under management
Asset Management
Wealth managers expect asset management industry to hit $2 trillion faster than expected
Research from Oxford Risk predicts a push from international financial institutions to expand in the region
Asset Management
SHUAA Capital posts strong performance in Q1 2022 despite global uncertainties and market volatility
Excluding the effects of the intangible asset write-down, the firm’s net profit on a like-for-like basis would have increased to $10.07 million in the first three months of 2022
Abu Dhabi
Abu Dhabi’s FinaMaze offers Islamic investors access to Shariah-compliant personalised “smartfolios”
Investors can put as little as $2,000 in the new “smartfolio”, which consists of a basket of stocks
Abu Dhabi
CBRE advises Abu Dhabi’s Aldar on its $210 million Rixos Bab Al Bahr transaction in Ras Al Khaimah
Global real estate advisor CBRE provided valuation and technical due diligence advisory services to the Abu Dhabi property giant on its Rixos Bab Al Bahr transaction
