Sidra Capital, a Shari’ah-compliant financial services company located in Saudi Arabia, has won the Alternative Asset Manager of the Year 2016 Award at the Global Investor/ISF Mena Awards in Dubai, recently.
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Gulf sovereign wealth funds have withdrawn money from asset managers at a record rate this year as falling oil prices have left gulf economies scrambling to inject cash into their economies, said a report.
Data provider eVestment
Bahrain's Gulf Finance House (GFH) is in talks on buying two asset management firms for a total of up to $500 million and is planning to increase debt to finance the deals as it builds a diversified financial group, its chief executive said.
Leading investment firms - J Equity Partners, Alpine Wealth Management, Tadhamon Capital, PineBridge Investments Middle East and The Family Office Company - have come together to form the first Bahrain Asset Managers Association.
Bahrain-based Investcorp's US-based hedge fund business and Eyck Capital Management (Eyck Capital), a London-based investment manager led by Khing Oei, have entered into a strategic relationship.
The partnership would work to
The National Bank of Abu Dhabi’s NBAD Mena Dividend Leader Fund (MDL) has grown to more than Dh1 billion ($272 million) and become the region’s largest equity fund in less than a year from its launch, said a top official.
Global asset manager Russell Investments has launched a new broad emerging markets fund that aims to provide investors with greater access to opportunities in small cap and frontier markets for significant active returns.
At launch, the Em
Swiss asset manager Notz, Stucki & Cie (NS) is set to open its office in Bahrain as part of the company's plans to launch its Middle East operations.
The Central Bank of Bahrain (CBB) said it has granted a representa
SinoGulf (DIFC), an asset manager licensed by the DFSA and a subsidiary of SinoGulf Real Estate Investments, has received the Best GCC Fund Management Company award from World Finance.
The judges considered the following criteria; Innovati