UAE portfolio management firms see ‘surge in AUM to $9.53bn’Portfolio management companies in UAE have seen a surge in Assets Under Management (AUM) with assets reaching AED35 billion ($9.53 billion), the Securities and Commodities Authority (SCA) reported. It sai More… |
Mubadala grows portfolio with AUM hitting $300bnMubadala Investment Company, an Abu Dhabi sovereign investor, has grown its portfolio with assets under management (AUM) reaching more than AED1.1 trillion ($300 billion), in a tumultuous year. In line wi More… |
ADGM posts record-setting Q3, AUM soars 52pcAbu Dhabi Global Market (ADGM), the International Financial Centre (IFC) of the UAE’s capital, has seen its third-quarter (Q3) assets under management (AUM) shoot up 52% and operational entities increase 35%. More… |
New Abu Dhabi investment firm aims $50bn AuMPlans to launch Lunate, an independent global alternative investment manager, with more than $50 billion of assets under management (AuM) were announced in Abu Dhabi on Friday. The creation of Lunate, one of th More… |
Kamco returns to profits with Q2 net at $5.5m, a 60pc jumpKamco Invest, a regional non-banking financial powerhouse, returned to profitability during the second quarter (Q2) reporting a net profit of KD1.7 million ($5.5 million), a 60% increase compared to Q2 2022. More… |
Markaz Q1 net soars 92pc to $25.46m; AUM at all-time highKuwait Financial Centre (Markaz) has seen its y-o-y Q1 net profit attributable to shareholders soar 92% to KD7.81 million ($25.46 million), while its assets under management (AUM) hit an all-time high of KD1.170 billion.The net profit in Q1 20 More… |
$84trn AUM captured by net zero initiatives: BarclaysA total $84 trillion of assets under management (AUM) is now captured by net zero commitments of the AUM of signatories to the three largest net zero initiatives, said Barclays in a new report. Climate change has dominated headlin More… |
$84trn AUM captured by net zero initiatives: BarclaysA total $84 trillion of assets under management (AUM) is now captured by net zero commitments of the AUM of signatories to the three largest net zero initiatives, said Barclays in a new report. Climate change has dominated headlin More… |
Investcorp posts record AUM at $37.6bn in fiscal 2021Bahrain-based Investcorp, a leader in alternative investment, continues to show resilience to Covid-19 impact with 17% growth in assets under management (AUM) to a record high of $37.6 billion in the fiscal year ended June 30, 2021. More… |
Mideast AUM industry hits $1.2trn in 2020: BCGThe Middle East’s Assets Under Management (AuM) industry has stayed resilient during the pandemic and has witnessed double-digit growth in recent times, increasing by 11 percent from $1.1 trillion in 2019 to $1.2 trillion in 2020, a report More… |