Thursday 24 July 2014
 
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Assets under Management

GCC seeing continued strong wealth growth

Assets under management have seen a significant upswing around the world but these gains have not translated into the top-and-bottom-line growth that wealth managers would expect based on past recoveries, a report said. A number o

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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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Islamic funds hit $58bn, but ‘challenges remain’

Global Islamic fund assets under management (AuM) grew 7.6 per cent to $58 billion in 2010, with concentration in equities accounting for 39 per cent of the assets, but bringing new money into equities is challenging, a report said. The gr

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ME assets under management up 10pc

The assets under management soared by 10 per cent in the Middle East and the South Africa region above global average thus retaining the momentum of a year ago when the growth rate was 13 per cent, said a report. The Boston Consulting Gro

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Gulf states top rich, super-rich lists

Qatar, Kuwait, and the UAE are among the top six countries that have the highest concentration of millionaire households, while Saudi Arabia topped the list for ultra-high-net-worth households, said a report. Singapore continued

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EFG-Hermes hedge fund raises $1bn

Leading regional investment bank, EFG-Hermes, said that its Middle East and North Africa (Mena) Opportunities Fund has raised $1 billion in assets under management (AUM). Since its inception in September 2007, the Fund has delivered a retu

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