These firms offer a variety of services, including portfolio management, asset allocation, and investment research. Established in 2006, Al Tamimi Investments is another heavyweight player in the Dubai financial space. In the past, some of the funds were also based in the Cayman Islands, though none of the companys open funds are currently domiciled there. Among the AMCs partners within this stream are some of the major fund providers Fidelity, Allianz, BlackRock, Goldman Sachs Asset Management, and others.
Top 20 Investment Companies By Total Assets | Middle East ADCB Asset Management partners with dozens of fund providers to offer its clients these products. In recognition of their efforts, they have won dozens of awards, most recently the Best M&A Investment Bank in the Middle East award in the February of 2020. The DIFC is more than just a world-class financial centre. They are known globally for providing financial services such as wealth management, investment banking, and credit cards. It has a rich history in Bahrain since it is a subsidiary of Bank Alkhair. Right now, the firm controls $1.8 Billion in assets under management. Prior to joining FAB in 2017, Mr. Al Ali was the Chief Executive Officer of Dubai Holding, a global group with assets of USD 35 billion across 21 countries and interest in 14 economic sectors. Log-in now to access a number of services available to our clients and visitors at the click of a button. A year later, the DIF made significant investments in renewables and green energy sectors in line with its redefined strategy. Among its clients are pension and sovereign-wealth funds, family offices, insurance companies, and others. KAMCO Investment Company, a subsidiary of the United Gulf Bank, was founded in 1998. DIFC is the unrivalled financial hub of the region with an established and tested legal and regulatory framework. Copyright 2023 DIFC. We excluded regional offices of international companies. ALL RIGHTS RESERVED. Dalma Capital Management Ltd is regulated by the Dubai Financial Services Authority (DFSA Ref. Dubai Investment Fund engages in asset management and private equity for over 7000 private and institutional investors in 61 countries with over $300 billion in assets under management.
Largest Institutional Investors and Asset Managers | UAE By investing in these relatively early-stage businesses in manufacturing, renewable energy, education, and infrastructure, Fajr assumes a direct role in the development of communities in the region; earning returns for its investors, portfolio companies, and the EMEA region as a collective. By continuing to browse, use or access this Site, you accept the Terms of Useand Privacy Policy, out of your free will and consent. to a diverse range of art galleries and some of the citys best restaurants. Established in 1970, Al-Fajer Enterprise is nationally owned by the ruling family Sheikh Hasher bin Maktoum Al Maktoum. SHUAA is aware of the existence of certain entities or persons that are conducting financial scams using SHUAA Capitals name or the identity of SHUAA's management.
Asset Management Company Setup in Dubai, UAE - RIZ & MONA Learn more about what DIFC has to offer, from easy set-up processes to an enabling infrastructure and a variety of office spaces. With the advisory solutions option, they let the firm go shopping for opportunities while they retain the authority to make final decisions. Largest Investment & Asset Management Companies in the UAE. Emirates NBD was founded in 1963 by the then Dubai ruler, Sheikh Rashid bin Saeed Al Maktoum and was formerly known as the National Bank of Dubai (NBD).
Asset Management | DIFC An AMC is a company that manages the assets of multiple individual and institutional investors by pooling these assets together and investing them in a variety of financial products and venture equity. from a carefully curated collection of retailers, The Dubai International Financial Centre (DIFC) is a gateway for capital and investment, strategically located between east and west. Foundation and administration of domestic and foreign companies. However, today Saudis Tadawul is the biggest stock market in the Arab world, with a market cap worth more than all stocks on all other exchanges in the region. For questions please contact info@dalmacapital.com and media enquiries comms@dalmacapital.com. UAE, Saudi Arabia. Today, the Emirates NBD has enough independence to be nimble as required in the fast-moving investment industry. For better web experience, please use the website in portrait mode. The company offers a variety of investment products and strategies that are designed to meet the needs of its clients. By now, Mashreq Capital has $1.8 billion AuM, the fifth highest result in the UAE. They are ranked as the fourth largest Islamic bank in the world due to its demonstrated consistent track record of growth, with assets now totaling $37 billion. Copyright 2023 DIFC. With more than $320 Billion AUM (assets under management) and over 7200 clients spread across 61 countries, Dubai Investment Fund is one of the biggest asset management firms in the Dubai International Financial Centre. These companies manage billions of dollars in assets and have experienced teams of investment professionals. Fund Management jobs in Dubai Sort by: relevance - date 235 jobs Marketing Director - Fund Management Fund Manager, DIFC Dubai International Financial Center Full-time Easily apply Develop and execute marketing strategies for financial products based on cryptocurrency, such as crypto ETFs, crypto mutual funds, and other investment vehicles Across the real estate, infrastructure, health care, and other legacy sectors of the economy, DIF has consistently won market-leading returns for its clients. Although operating independently, the DIFC Authority, the Dubai Financial Services Authority (DFSA) and the Dispute Resolution Authority (DRA) serve a common goal: reinforcing DIFCs principles of integrity, transparency and efficiency. They also maintain offices in London, Sydney, Mumbai, Tokyo, New York, Frankfurt, Zurich, and a few other cities across Europe and Asia. The base capital requirement for a Category 3C Asset Manager is US$ 500,000, and for a Category 4 Investment Advisor License is US$ 10,000. We will keep you informed on the items that matter to you most. More importantly, it has been here for almost all of the development of the modern UAE, contributing, where possible, to the countrys growth. Additionally, Saudi Aramcos IPO, which was the biggest IPO in the world, helped propel the regions financial markets. THE CENTAUR GROUP Centaur is a multi award winning global investment holding company with interests, subsidiaries, portfolio companies and investments ranging from asset management, wealth management, private equity, venture capital, trade finance, mining and natural resources and agricultural investments. Specifically, they have come to be most known for their real estate business; and one of their most known portfolio companies is the Deerfields mall at the heart of Abu Dhabi. Why Should You Set Up an Asset Management Company in Dubai? News in Focus. Public Markets SHUAA Capital has a differentiated and unique public markets platform that invests in publicly listed securities through fund structures, with a focus on Middle East markets. Al Ramz Securities. They offer one of the broadest products designed for individuals, small businesses, and large corporations. When choosing a fund management company in Dubai, look for one with experience investing in the Middle East. Copyright 2022 SHUAA Capital. As of now, they have about 13 companies in their portfolio. For many customers in the UAE and the wider Middle East region, this property of financial products carries significant importance. The DIFC Authority is responsible for the guiding strategy, ongoing development and overall public administration of DIFC. Crescent Enterprise operates across four distinct platforms Crescent Enterprise Operates, Crescent Enterprise Invest, Crescent Enterprise Ventures, and Crescent Enterprise Creates. . However, they are all owned wholly by their respective banks. Some of its portfolio companies are the Al Noor hospital group, Belhoul Specialty hospital, and the Abu Dhabi University Holding Company, among many others. Strategically positioned between east and west, the UAE is home to dozens of investment funds both international and local, providing highly coveted financial solutions to thousands of clients across the country and the wider Middle East. We have been delivering local fund services to clients in the Middle East and Mauritius since 2006. With self-directed investments, the client has full control over investments, which are then executed through ADCBs impressive network of third-party brokers. Established in 2001 in Dubai, the firm employs a total of 920 consummate finance professionals, with an average of 17 years of industry experience. The AMC is active in promoting the Sharia compliant nature of its products. The Middle East's 30 Biggest Asset Managers - Forbes Lists July 6, 2021 The Middle East's 30 Biggest Asset Managers 2021 In the Arab world, countries in the Levant and North Africa were way ahead of the GCC when it came to establishing their financial markets. We help our clients to monitor the performances of their investment made into companies and funds and we report to our clients & board them on time to time basis. Crescent Enterprise is a multinational firm with diverse operations across several strategic sectors such as power and engineering, sustainable mobility, ports and logistics, business aviation, health care, etc. In the first quarter of 2022, despite the choppy conditions of the markets, it has already declared a $40 Million profit, a 31% increase year-on-year. Founded in 2008, Samena Capital has raised over $1.5 Billion in its lifetime, of which $950 Million has been returned to its investors following successful exits. Real estate remains a popular conservative choice for the investment portfolios of the countrys AMCs. Established in 2008, the firms client list includes some of the highest-profile sovereign wealth funds in the middle east, from Brunei and Abu Dhabi to other major cities across the Middle East and Asia. We work in partnership with our strategic partners through a range of integrated services including investment advisory, investment management, structuring, investment banking, compliance, operational, risk management and distribution support. In 2003, KAMCO Investment Company was listed on the Bursa Kuwait, making them an enormous financial service provider. Our Fund Administration Services team is well versed in the administration of funds and the regulatory and operational requirements.
MENA | Mauritius | Abu Dhabi | Dubai Apex Group Simple and straightforward licensing, registration and regulation, makes setting up and operating in DIFC fast and efficient. They have become integral to hundreds of prestigious private and public sectors. The firm operates across three cardinal investment strategies private equity, private credit, and real estate. Not only does this strategy secure long-term returns, but it also helps drive beneficial growth for the economy and the community in the regions as a whole. Therefore, Volofinance is a reliable and reputable fund management company in Dubai that you can trust to handle your finances. The DRA provides an English-language, commercial common law judicial system, as well as a dispute resolution platform, and other services to deliver legal excellence in the Middle East. Enormous wealth, a maturing insurance industry and institutional investor demand are creating new opportunities in asset management across the Middle East, Africa and South Asia (MEASA) region. Go to Appearance > Customize > Subscribe Pop-up to set this up. We are also able to offer Swiss Trustee Services utilizing the appropriate trust jurisdictions law. This company has a team of experienced professionals who are well-versed in the art of investing money. As we cover the top AMCs of the UAE, you may notice that some of them represent divisions of large UAE banks Emirates NBD, Abu Dhabi Commercial Bank (ADCB), and Mashreq. The minimum amount required to set up a qualified investment fund is 1 million USD. from a carefully curated collection of retailers, The company employs professionals who manage the funds portfolio and make investment decisions on behalf of the funds investors. Established in Kuwait in 1998 and listed on Bursa Kuwait in 2003, KAMCO is a truly enormous financial services provider.
Top 10 Best mutual funds in UAE to invest in 2023 - Policybazaar Local and foreign entrepreneurs who want to set up investment funds or benefit from support in this field can think about the advantages of an asset management company in Dubai. Through our network of international offices, RICO is able to provide corporates and high net-worth individuals with the establishment and administration of trusts in a number of onshore jurisdictions and international financial centers, including Barbados, New Zealand, Singapore, the United Kingdom, the United States, the British Virgin Islands and the Cayman Islands. It has a rich history, with its roots in Bahrain, being a subsidiary of the popular Bank Alkhair. M-F: 9AM-5PM. Mubarak and Brothers Investments, popularly known as MBI, is an investment firm working out of Abu Dhabi. All the ADCB managed funds are domiciled in Luxembourg. The Middle Easts 30 Biggest Asset Managers 2021. In 2016, the DIF launched its first Artificial Intelligence (AI) lab in Dubai to explore the emerging sectors of AI, machine learning, and data sciences. It maintains a presence in over 23 sectors of the economy, including real estate, construction, healthcare, financial services, and education. Asset management companies offer a variety of services, including portfolio management, investment research, and investment advisory services. Founded in 2011 and headquartered in Dubai, Greenstone Equity Partners is the largest capital-raising firm in the Middle East, connecting regional investors with leading global fund managers. Economics expert Dr. John Rutledge is the resident Chief Investment Strategist at Safanad. Established in 2001, Dubai Investment Fund is recognized globally for effectively managing financial resources through growth-oriented investments and diversification into new asset classes. In May 2022, the fund reported that its total assets under management had grown 8% quarter-on-quarter to $1.7 Billion. As its name implies, the Dubai Investment Funds office headquarters are located on Boulevard Plaza in Dubai. They can also provide guidance and advice on which funds to invest in and when to sell them. Some of its most well-known exits are Advanced Laboratory Services and the Cairo for Investment and Real Estate Development (CIRA) fund. As a policy, ATI evaluates every investment opportunity on its own merits; rather than be restricted to any particular investment class. Its clientele includes pension funds, sovereign wealth funds,. These types of entities must be registered with the Dubai Economic Development Board. However, it has grown at an impressive speed and now controls over $2 Billion in assets under management. Top 10 Largest Investment & Asset Management Companies in UAE. Their strategy is to identify promising teams leading businesses in the core sectors of the economy of the future. Over its 17 years of operation, the firm has raised $1.2 Billion in assets under management. The ADCB managed funds include close to 20 products, mostly equity funds and regional index funds. Learn more about the robust legal and regulatory framework that provides a safe and secure platform toDIFCs clients.. Creating a fund in the Dubai International Financial Centre (DIFC) offers a safe and regulated zone with which to develop and grow.
SHUAA offers a vertically and horizontally integrated, specialised real estate platform across the value chain in many geographies, embracing all strategies along the risk-return spectrum. As an Islamic bank, Abu Dhabi Islamic Bank carries out all transactions, operations, and contracts following the Islamic Sharia principles. We only considered companies that are based in the Middle East. Explore the district beyond the office, Sophisticated fund set-up and structuring capabilities, World class regulation in a common-law framework. The AMCs key investment sectors are real estate, renewables, financial institutions, commodities, blockchain/cryptocurrency, and a host of other industry verticals. The DRA provides an English-language, commercial common law judicial system, as well as a dispute resolution platform, and other services to deliver legal excellence in the Middle East. The AMC landscape of the UAE has a clearly dominant market leader, the DIF, which manages significantly more value and invests in a wider variety of sectors than its key competitors. Dubai Investment Fund $320 Billion AUM. Some companies still in its portfolio are al-Shams labs and the Eton Institute, among many others. It was also one of the first companies to attain a listing on the Dubai Financial Market. Operating in the growth-rich middle markets as is characteristic of private equity funds, this middle-market private equity firm operates in the MENA area and specific EU countries; even extending its tentacles as far as London, from its operational and corporate headquarters in the financial district of the Emirate of Dubai. Over the past two decades, the GCC countries have made great strides, and their financial sectors have undergone a significant transformation. Category 3C DIFC Fund Manager License | DIFC License Categories | DIFC Company Formation - 10 Leaves DIFC Discuss fund options with DFSA and DIFC service advisors, Receive approvals for licenses, visas and consent notifications.
Fund Management Company. Top Asset Management Companies 2023 The Department of Innovative Investment was established that year, emphasizing the funds strong intent to explore alternative investment formats and Richard Malone was appointed head of the this department the same year. This tendency of the same business to run both an AMC and a sell-side unit is quite common in the UAE. F002345). Get Started. All Rights Reserved. Actual capital required will depend on the nature, quantum of business and forecasted annual expenditure, as per the financial model of the proposed firm. Global Investment House. Founded in 1997 as a Public Joint Stock Company, Abu Dhabi Islamic Banks founders hold 29% of its equity, while approximately 100,000 shareholders own its remaining 71%.
All rights reserved. Media Advisories. The AMCs second product stream the 3rd party-managed funds offers a vast choice of over 400 different mutual funds from around the globe to invest in. 1st Innovation License by the Dubai International Financial Centre (DIFC) Al Khair Capital is a firm dedicated to providing tailored Sharia-compliant Islamic investment services to shareholders and clients throughout the region and abroad.
Fund Manager License in UAE | UAE License Categories - 10 Leaves