Funds
News and insights into the region's funds industry, mutual funds, ETFs and other investment vehicles.
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UAE's Masdar, UK government invest $86mln in green technology fund
The investment by Masdar will create 3,000 new rapid charge points
ZAWYA
Mumtalakat, Fajr, Blackstone complete exit from UAE-based GEMS Education
Fajr Capital, Blackstone and Mumtalakat invested in GEMS Education in 2014 and subsequently partnered with the Varkey Group to build the company
TradeArabia
Mubadala invests $19bln in 2018 across key sectors
"Technological disruption is creating the potential for value across all sectors", says Group Chief Executive Officer and Managing Director, Khaldoon Khalifa Al Mubarak
WAM (Emirates News Agency)
UAE private wealth soaring amid global decline: BCG report
UAE is in good stead with investable wealth growth expected at 6% p.a. to $0.5trln by 2023
TradeArabia
Saudi's PIF buys stake in JV from Aramco, Jacobs
The PIF acquired 30% of Jasara Program Management
ZAWYA
Actis takes on management of two Abraaj funds
Actis will take over the management rights to Abraaj Private Equity Fund IV and Abraaj Africa fund III
Reuters News
Abu Dhabi wealth fund to boost active investments in fixed-income
Some 55% of ADIA's portfolio is managed by external managers, down from 60% in 2016
Reuters News
Bank of England to review fund redemptions in wake of Woodford
The Bank of England said on Thursday it would look at whether rules are needed to help investment funds to cope with multiple requests from customers to get their money back
Reuters News
UAE reduces, cancels government services fees to attract business, investors
Fees for the renewal of work permits and employment contracts are being reduced
ZAWYA