Emirates NBD AM posts 10pc growth in 2017Emirates NBD Asset Management (AM) has announced that the value of its assets under management (AUM) grew 10 per cent in 2017 to $ 4.8 billion. The firm recorded nflows of over $1 billion in segregated mandates from top tier clien More… |
Saudi PIF sees AUMs top $400bn by 2020Saudi Arabia's sovereign wealth fund Public Investment Fund (PIF) aims to increase its assets under management (AUM) to over $400 billion by 2020, according to the Saudi Press Agency, citing senior officials. They wer More… |
Saudi wealth fund eyes $2 trillion AUMs by 2030Saudi Arabia’s sovereign wealth fund Public Investment Fund (PIF) aims to have at least $2 trillion of assets under management by 2030, said its managing director in his first-ever interview. Speaking exclusively to Bloomber More… |
Assets under management in ME fell 10pc last yearGrowth in assets under management (AuM) declined 10 per cent in the Middle East by 10 per cent during 2015 with net new flows of assets, revenue growth, and revenue margins all dipping lower, a report said. The global growth of as More… |
Investcorp to double assets under managementBahrain-based Investcorp, a leading provider and manager of alternative investment products, is aiming to increase its assets under management (AUM) by more than 100 per cent over the medium-term, said a top official. Invest More… |
Gulf growth drawing global funds to set up shopInternational asset management firms are showing renewed interest in setting up in the Gulf, drawn by markets performing better than those in more volatile emerging economies. Despite high incomes and large sovereign wealth funds, More… |
Bahrain investment sector on growth curveThe sector representing Bahrain's investment business firms has been showing strong growth as demonstrated by the figures reported for the third quarter of this year, a report said. Since the introduction of the investment bus More… |
Citadel Capital nets $364m in new assetsCitadel Capital, a leading private equity firm in the region, has reported strong fundraising in 2010 with $363.6 million in new assets under management (AUM), including $97 million in new principal investments. Announcing this on Wednesda More… |
Algebra Capital’s AUM tops $1bnIn under a year of managing money, Algebra Capital’s assets under management (AUM) have topped $1 billion. Focused on asset management in the MENA region, the company has crossed a number of significant milestones, and has a strong pipelin More… |