ucits mena equity fund to be launched by al mal capital
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

UCITS MENA Equity Fund to be launched by Al Mal Capital

Arab Today, arab today

Arab Today, arab today UCITS MENA Equity Fund to be launched by Al Mal Capital

Al Mal Capital
Dubai - WAM

Al Mal Capital, a subsidiary of Dubai Investments, has signed a partnership agreement with Azimut Group to jointly launch a Middle Eastern equity fund.

The fund will be established by AZ Fund Management S.A., Azimut Luxembourg fund management company within its UCITS umbrella fund. It will integrate the distinctive investment advisory capabilities of AMC with the Group’s global portfolio management team, comprising more than 100 professionals across its international network.

The strategic cooperation signed by the two companies also includes joint marketing initiatives to cater for the demand from the respective commercial franchises, access to Azimut’s existing range of investment capabilities for regional investors through AMC’s wealth management platform.

Naser Nabulsi, Vice Chairman and CEO of Al Mal Capital, said, "The partnership with Azimut is a major milestone for Al Mal Asset Management growth strategy. With more than US$50 billion in Assets Under Management, Azimut is one of the largest and fastest growing Asset Managers in Europe and we are very pleased to have them as a partner. Thanks to Azimut UCITS umbrella platform and their global distribution footprint, Al Mal’s highly successful MENA equity strategy will now be accessible to institutional and private investors around the world."

Sergio Albarelli, CEO of Azimut Holding, said, "The strategic partnership with Al Mal Capital is a key step forward in our strategy across the MENA region which also aims to leverage our presence in the Dubai International Financial Centre through AZ New Horizon, our local integrated financial advisory platform. The new fund will complement our regional expertise centred on the AZ Fund Global Sukuk, which is today one of the largest Sharia compliant UCITS funds investing in the asset class. This partnership fosters Azimut’s commitment in strengthening its global investment management platform, including strategic product partnerships for specialized regional strategies, as well as the Group’s continuous investment towards active management to generate value for clients versus passively managed portfolio."

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ucits mena equity fund to be launched by al mal capital ucits mena equity fund to be launched by al mal capital

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ucits mena equity fund to be launched by al mal capital ucits mena equity fund to be launched by al mal capital

 



GMT 10:10 2017 Thursday ,09 February

3 Important Elements You Have to Consider

GMT 04:03 2017 Monday ,24 April

Bella Hadid ‘dying’ to visit Palestine

GMT 19:25 2016 Wednesday ,25 May

The Brooklyn Desk by Oeuf NYC

GMT 07:49 2018 Friday ,05 January

2 Russian servicemen killed

GMT 07:58 2018 Monday ,01 January

Italy orders N. Korea's envoy to leave

GMT 08:45 2017 Wednesday ,20 December

US military imagines war without GPS

GMT 17:26 2017 Sunday ,17 December

Putin thanks Trump for help in foiling attack plot

GMT 22:19 2017 Monday ,16 October

Cairo-hosted Fatwa conf. new contribution

GMT 02:27 2016 Friday ,10 June

Video hints Japan abetting illegal ivory trade

GMT 07:04 2017 Wednesday ,19 April

1,883 Bahrainis found jobs in March

GMT 14:24 2016 Tuesday ,22 November

Citi and JPMorgan top list of ‘globally banks’

GMT 21:43 2017 Friday ,01 September

People question Nazaruddin`s repatriation expenses

GMT 09:41 2017 Wednesday ,19 April

OIC concerned over violence in Mali

GMT 01:30 2017 Friday ,27 October

May22/Jun21

GMT 05:38 2016 Friday ,30 December

Dubai Airports divert 13 flights due to heavy fog

GMT 11:38 2017 Saturday ,14 January

Mexico names new ambassador to US

GMT 12:03 2017 Wednesday ,22 March

Kuwait to mark World Water Day

GMT 15:00 2017 Wednesday ,27 September

HM King receives invitation from Egyptian President

GMT 02:45 2017 Tuesday ,05 December

President Bashir arrives in Chad

GMT 02:45 2017 Wednesday ,16 August

Turkmen President Visits Pakistan
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday