Monday 29 August 2016
 
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Asset Management

Sico adopts CFA’s asset management standards

Securities and Investment Company (Sico), a Bahrain-based conventional wholesale bank, has joined a select group of Mena asset managers that are compliant with the Global Investment Performance Standards (GIPS) issued by the CFA Institute, repor

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Bahrain asset management sector sees 13pc growth

Total assets under management by investment firms in Bahrain have seen an increase of more than 13 per cent reaching $19.8 billion at of the end of first quarter from $17.5 billion for the same period last year, reported the Gulf Daily News

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Dewa wins ISO certificate for asset management

Dubai Electricity and Water Authority (Dewa) has received the ISO 55001: 2014 certificate for asset management after passing an external audit conducted by an international organization. With this recognition, Dewa said it has bec

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EIBank names new private banking head

Dubai’s Emirates Investment Bank (EIBank) has appointed Iyad Quttaineh as its head of private banking, which covers HNWi, family offices, institutions and independent asset managers.    Prior to this,

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Eltizam opens new office in Dubai

UAE-based Eltizam Asset Management Group has opened its new office in Dubai, UAE, as part of its regional expansion strategy. A corporate member of the Institute of Asset Management, Eltizam is a professional body of companies spe

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UK firm increases stake in Egypt's Juhayna

Aberdeen Asset Management increased its stake in Egyptian food firm Juhayna to 5.08 per cent from 4.38 per cent, the Britain-based fund company said in a statement to the Cairo bourse on Thursday. Juhayna is Egypt's largest pr

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UK firm increases stake in Egypt's Juhayna

Aberdeen Asset Management increased its stake in Egyptian food firm Juhayna to 5.08 per cent from 4.38 per cent, the Britain-based fund company said in a statement to the Cairo bourse on Thursday. Juhayna is Egypt's largest pr

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UK firm increases stake in Egypt's Juhayna

Aberdeen Asset Management increased its stake in Egyptian food firm Juhayna to 5.08 per cent from 4.38 per cent, the Britain-based fund company said in a statement to the Cairo bourse on Thursday. Juhayna is Egypt's largest pr

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Arcapita completes $100m equity raise

Arcapita, a global alternative investment manager, has raised its targeted $100 million in equity capital from shareholders in the GCC region to fund its growth strategy. Arcapita is now focused on two clear areas of opportunity:

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ADS Securities expands into new services

Abu Dhabi's ADS Securities is expanding into new services including investment banking and asset management following its acquisition of a London brokerage firm, its vice chairman and executive managing director said on Tuesday.

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