Afkar Capital, an Abu Dhabi-based asset management firm said it was launching a physical, in-kind exchange-traded fund (ETF), which would invest in the largest UAE stocks by capitalisation.
Afkar Capital, which was founded at the
Gold is expected to trade back down below $1,100/oz in the fourth quarter (Q4) of 2015, which brings an annual average of $1,159/oz during the year, according to a newly released Thomson Reuters report.
Gold is set to remain under
Falah Capital, a US-based investment group, said its flagship Islamic exchange traded fund (ETF) certified for shariah compliance by Shariyah Review Bureau, has been listed on the New York Stock Exchange (NYSE).
Globally listed Exchange Traded Products (ETFs) and Exchange Traded Products (ETPs) reached a new record high of $2.7 trillion at the end of August, a report said.
Year-to-date (YTD), net new assets gathered of $185 billion surpas
Flows into exchange-traded funds (ETF) and exchange-traded product, (ETPs) listed globally hit a new record high of $2.64 trillion in assets, said a report.
The ETF is an investment fund traded on stock exchanges, much like stocks, whil
Qatar's bourse plans to list its first exchange-traded funds (ETFs) this year and these will be much larger than ETFs listed elsewhere in the Gulf, the stock exchange said on Sunday.
The launch of the two funds, which the exch
Flows into exchange-traded funds (ETF) and exchange-traded product, (ETPs) listed globally rebounded in February gathering net inflows of $29 billion which, when combined with the positive market performance in the month, pushed assets in the gl
Gold edged higher on Friday, staying on track for its third straight weekly gain, helped by a weaker dollar and hopes of a prolonged period of easy monetary policy.
Bullion has gained nearly 10 percent in three weeks – its b
Globally the exchange-traded funds (ETF), an investment fund traded on stock exchanges (much like stocks) and the exchange traded products had outflows of $3.98 billion in June, their first net outflows in over two years, said a report.
HSBC Saudi Arabia and Saudi Fransi Capital have entered into an agreement whereby both the companies will act as market makers for the HSBC Amanah Saudi 20 exchange-traded fund (ETF).
The signing ceremony was held between Walid Khoury, CE