Capricorn Fund Managers Dubai launches hosting solution for fund managers in DIFC
fund management
Latest in fund management
BOV Fund Services
BOV Fund Services: Your fund administration partner in Malta
As leaders in the market, BOV Fund Services prides itself to be at the forefront for the provision of a full suite of fund administration solutions, within a cost competitive and business friendly environment
Abu Dhabi
Star Indian startup entrepreneur Nikhil Kamath to hold road shows in Dubai this week for its $100 million fundraising plan
Kamath’s hedge fund will also be eyeing investment opportunities in the UAE, including in the much sought after real estate assets in Dubai, in a big way with a new investment vehicle to manage pooled funds from residents allowed for overseas investments under India’s amended liberalized remittances scheme
fund management
FAB launches new multiple-thematic rotation fund
Thematic funds – a new trend among issuers and investors – enable dynamic rotation across themes and asset classes over time to adapt to different market conditions
Asset allocation
Wealth managers across MENA expect big take-up of international fixed income
New research shows nearly four out of five wealth managers expect clients to increase allocations, Oxford Risk research shows
active managers
Video: Are securities analysts doomed?
Securities analysts try to point investors in the right direction. But they are in retreat themselves because of tightening regulation, the changing nature of investment and the shifting focus of big business.
Abraaj
Actis acquires management rights to two Abraaj funds
The move is meant to bolster Actis’ position in the MENA region
Abu Dhabi
Abu Dhabi wealth fund’s active investments increased to 55% in 2018
Abu Dhabi Investment Authority has been boosting its in-house teams over the past few years as it cuts the use of external fund managers
Ajman Bank
Shuaa Capital acquires 4.8% stake in Ajman Bank
Investment by Shuaa is part of continued focus on core financial opportunities across the region.
Blackstone Group
Standard Life said in talks with Saudis over seeding local funds
The new funds would focus on bringing much needed foreign real estate and infrastructure investment into the kingdom
Abraaj Group
Exclusive: Growing support for ADFG’s revised bid for Abraaj’s Middle East funds
A prominent investor told Arabian Business that he considers ADFG ‘the natural selection’
Albilad Capital
Albilad Capital leading the Saudi market with over 100 billion Saudi Riyals under custody
Brand View: Albilad Capital provides a one window solution to fund managers, launching a full range of services including, Custody, Fund Administration and Registrar Services
Abraaj
Abraaj’s Africa fund investors are seeking new manager
Investors in the $990 million Abraaj Africa Fund III want to replace the Dubai-based company and have reached out to potential investors including Carlyle Group and PE investor Actis
Abraaj
Emirates NBD declares $38.9 million exposure to Abraaj
Emirates NBD becomes the latest in a growing list of companies with exposure to Abraaj, with recent additions including Shuaa Capital, Ajman Bank and the Commercial Bank of Dubai
Abraaj
Court dismisses bounced cheque case against Abraaj founder Arif Naqvi
The claimant, Crescent Group founder Hamid Jafar, agreed to the out-of-court settlement last week, according to sources
Abraaj
Abraaj’s ‘unusual’ business model revealed as PwC seeks missing documents
Abraaj Holdings borrowed to offset a ‘long-running liquidity shortfall between the investment management fees and operating expenses’, according to a PricewaterhouseCoopers report
Abraaj
Shuaa Capital, Ajman Bank reveal exposure to Abraaj
A growing number of companies have declared that they have direct or indirect exposure to the troubled private equity firm.