Saturday 23 June 2018
mutual fund

Outperforming Dubai fund sees upside in Gulf markets

The manager of one of the world's best-performing mutual funds, the Dubai-based Daman Fifth Fund, says there is still plenty of upside in Gulf Arab markets despite the plunge of oil prices. Daman Fifth was ranked the top-perfo


ADIB launches capital protected gold notes

Abu Dhabi Islamic Bank (ADIB) today launched its capital protected gold notes that can be combined with a selection of mutual funds. Depending on the risk tolerance and profile of investors, they can choose one of three investment options:


Daman to launch $55m mutual fund

UAE-based Daman Investments, a key player in asset management, brokerage and venture capital, said on Monday it will launch a Dh200 million ($54.45 million) mutual fund as it looks to benefit from a recovery in Gulf Arab markets. The fund,


Top mutual fund conference in Bahrain

The world's largest mutual fund conference is coming to Bahrain next month, it was announced yesterday. A GCC-version of the high-profile global investment event Fund Forum International will be held at the Ritz- Carlton Bahrain, Hotel and

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