Saturday 10 December 2016
 
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AUM

Assets under management in ME fell 10pc last year

Growth 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

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Investcorp to double assets under management

Bahrain-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

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Gulf growth drawing global funds to set up shop

International 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,

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Bahrain investment sector on growth curve

The 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

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Citadel Capital nets $364m in new assets

Citadel 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

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Algebra Capital’s AUM tops $1bn

In 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

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