At the end of the quarter, 128 asset and fund managers were overseeing 156 funds within ADGM.
asset management
Posted inNEWS
Mashreq appoints Philip Philippides as CEO of Mashreq Capital
Philipides’s career spans significant roles at Morgan Stanley, Blackrock/iShares, MSCI and Amundi.
Posted inECONOMY, NEWS
Foreign investment in Saudi Arabia has surpassed SAR 400 billion, says CMA Chairman
Mohammed ElKuwaiz said Saudi Arabia could see about $3 trillion in investment leading up to Vision 2030.
Posted inNEWS
Mubadala Capital closes $3.1 billion private equity fund
The fund’s portfolio includes investments in Fortress Investment Group and Canada Cartage.
Posted inBusiness set up, NEWS
DIFC launches new centre to drive growth in wealth and asset management sector
More than 400 firms now operate from DIFC, including 60 hedge funds.
Posted inBanking & Insurance, NEWS
SHUAA Capital settles Dh500 million in margin facilities with UAE banks
The settlement follows the recently announced agreement on the outstanding $150 million bond.