MEIMA - Middle East Investment Management Association’s Post

Exciting news from Abu Dhabi! Lunate Capital Limited, in collaboration with JPMorgan, is set to launch the UAE and GCC's first-ever UAE bond Exchange Traded Fund (ETF) on March 26, 2024, listing on the Abu Dhabi Securities Exchange (ADX). The Chimera JP Morgan UAE Bond UCITS ETF will track the performance of the J.P. Morgan MECI UAE Investment Grade Custom Index, offering investors a unique opportunity to tap into the UAE's robust bond markets. This milestone not only strengthens Abu Dhabi's position as a global financial hub but also provides retail investors with accessibility and liquidity, driving engagement in the UAE's growing economy. #AbuDhabiFinance #UAEInvestment #ETF #BondMarket #FinancialInnovation #AbuDhabiEconomy #GlobalFinancialHub #InvestmentOpportunity #ADX #LunateCapital #JPMorgan

The introduction of Long-Term Asset Funds in the UK marks a significant evolution in the investment landscape, particularly for individual investors in the retail wealth management sector. Designed to provide a semi-liquid pathway into private market assets, LTAFs allow for periodic exit windows while maintaining a structured approach to liquidity. These open-ended investment companies offer monthly entry options and require a 90-day notice for withdrawals, with a cap of 5% of the fund's net asset value available for withdrawal each quarter, mitigating the risks of fire sales. With asset managers like Schroders poised to launch LTAFs with a minimum investment threshold of £10,000, accessibility to private market investments is set to increase significantly, contrasting sharply with the traditional six-figure requirements of conventional funds. While LTAFs provide enhanced liquidity compared to institutional limited partnerships, which often feature lengthy lock-up periods, they also incorporate gating policies to manage redemptions effectively. As these funds gain traction, the growth of LTAFs is expected to reshape the investment landscape in Europe, driving increased interest in blockchain and tokenization strategies that enhance transparency and efficiency in asset management.

Abu Dhabi Global Market (ADGM) Where Global Opportunities Meet Limitless Potential! Abu Dhabi Global Market (ADGM) is experiencing a remarkable surge in interest from global firms, marking a significant milestone in its journey to becoming a premier international financial hub. With 125 firms, including hedge funds and asset managers, in discussions to establish a presence in the emirate, the financial landscape is undergoing a dynamic transformation. The substantial increase in registered firms, up 32% year-on-year, underscores Abu Dhabi's growing appeal as a strategic business destination. This growth is further exemplified by the rise in the total workforce, which saw a 22% increase, reflecting the emirate's burgeoning opportunities and robust ecosystem. Major financial institutions such as J.P. Morgan, BNP Paribas, Goldman Sachs, and others expanding their operations in Abu Dhabi signifies the emirate's emergence as a favored location for global financial players. The influx of prominent hedge funds like Brevan Howard and TCI Fund Management, alongside leading private equity firms including Ardian, Blackstone, and Apollo, reinforces Abu Dhabi's position as a key player in the global financial landscape. The optimism expressed by @Ahmed Al Jasim Al Zaabi, Chairman of Abu Dhabi Global Market, sets a positive tone for 2024. The commitment to advancing the UAE's capital as an international financial center underscores the strategic vision driving Abu Dhabi's financial growth. As we witness a wave of hedge funds and investment banks, such as KIRKOSWALD ASSET MANAGEMENT LLC and Morgan Stanley, establishing their presence in Abu Dhabi, it is evident that the emirate is poised for continued success in attracting top-tier financial institutions. The future looks exceptionally bright for Abu Dhabi's financial centre, and We are excited to see the continued growth and development that lies ahead."

Fund Channel will be participating at the ALFI - Association of the Luxembourg Fund Industry - Private Assets Conference, taking place in #Luxembourg on 25th and 26th September 2024.   The event offers fund professionals the chance to discuss market trends, regulatory changes, and best practices for achieving sustainable growth. This is a valuable opportunity to explore the latest developments in private equity, private debt, infrastructure, and real estate, while gaining insights from industry experts shaping the future of private assets.   If you are joining this event, Vincent Le Meur and David Lanza will be there to meet you and share insights about our new #digital platform Diver and the #services we offer.   #ALFI #funddistribution #digitaltransformation #fundservices #privatemarkets #privateassets #assetmanagement #fintech #alternativefunds

Shariah-conscious investment plattform mnaara launches in UK. Digital investment platform Mnaara has officially launched in the UK and is now providing access to private markets investments for Shariah-conscious investors from across the world. The platform is the first to offer global private markets to individual and institutional Shariah-compliant investors, something that has been very difficult to access in the past. Even the biggest private banks have extremely limited options for the Shariah-conscious investor outside publicly listed securities. Mnaara’s products and services are designed to simplify the investment process and provide convenient digital access to investments from anywhere in the world. It offers a seamless digital platform, moving new members from sign-up to investment through a complete digital end-to-end process, avoiding a lengthy administrative onboarding procedure. Source: https://lnkd.in/gAh3c5RD Sign up for more news updates like this in our daily newsletter: https://lnkd.in/eskQx7Ym #fintech #fintechindustry #fintechinnovation #financialtechnology #financialservices #fintechnews

Allianz Global Investors and Daman Investments have launched the first onshore feeder funds in the UAE for retail investors. These funds aim to provide consistent income, capital growth, and long-term investment opportunities in AI. Established under Allianz Global Investors AE Feeder Funds, they comply with UAE's new regulations to bolster the asset management industry. https://lnkd.in/dWB8gKBy #InvestmentStrategies #AssetManagement #InvestmentFunds #WealthManagement 

The DIFC Innovation Hub Hub, is teaming up with the global Swiss wealth management company Julius Baer and the Financial Market Infrastructure Euroclear. Together, they aim to address issues in the digital asset estate planning sector. In line with the UAE's vision to assist family businesses in maximizing their economic impact, this collaborative project, overseen by the DIFC Innovation Hub, will unite innovators, investors, and experts from the wealth management field. The focus is on exploring how technology can be leveraged by families to effectively manage growing portfolios of tokenized and digital assets.   DIFC’s Innovation Hub experts will collaborate with Julius Baer's global innovation team and Euroclear's innovation center for a three-month initiative. The outcome will be a white paper outlining a forward-thinking solution for succession planning, specifically applying tokenization to multi-generational inheritance. The insights derived from this analysis will serve as a guide for other regions facing similar challenges, offering a framework to turn these challenges into opportunities.   It is projected that assets worth AED 3.67 trillion (USD 1 trillion) will be transferred to the next generation in the Middle East in the next decade. However, only 24 percent of High-Net-Worth Individuals currently have a comprehensive estate plan. The swift adoption of various digital asset classes by individuals and businesses adds complexity to the seamless execution of existing estate plans. Through the collaboration of DIFC Innovation Hub, Julius Baer, and Euroclear, practical solutions will be developed to address this global challenge. #difcinnovationhub #wealthmanagement #financialmarket #digitalassets #innovation #whitepapaer #successionplanning #multigenerationalplanning #middleeast #uae #hni #estateplan

Faysal Funds provides its customers with #personalized investment solutions. It enables its clients to manage funds and capitalize nationally and internationally. Recently, Faysal Funds celebrated its exceptional success at the 9th International Finance and Financial Service Award (IFFSA). This event was held in Sri Lanka, and there Faysal Funds received two prestigious honors. They received a Silver Award for Asset Management Company for the Year. This award showed Faysal Fund’s commitment to superiority in asset management and investment services. It highlighted its commitment to #empowering investors and mentoring them towards their #financial goals with integrity and expertise. These investments are turned into achievements for Faysal Funds. Another award that was given to Faysal Funds was the Gold Award for Digital Product/Fintech Offering of the Year. This emphasized the dedication of Faysal Funds to incorporate innovation and deliver pioneering financial solutions. In today’s quickly progressing digital landscape, Faysal Funds continues to push boundaries, using technology to advance its products. This reaffirms its position as a fintech leader, committing to improving the investment experience with innovation. With these achievements, Faysal Funds wholeheartedly expressed acknowledgment of its clients, partners, and stakeholders for putting their trust and support. #DigitalPakistan #TechUpdate

Saudi Arabia’s largest asset manager, SNB Capital, has signed a Memorandum of Understanding (MoU) with fintech provider Malaa Technologies to offer easy, secure access to financial services and increase the flexibility of financial transactions. For more insights on SNB Capital and Malaa Technologies, stay tuned to our LinkedIn Channel and Weblink: - https://lnkd.in/ggbTwMPc SNB Capital Malaa Technologies Ali Alorainy #partnership #snbcapital #malaatechnologies #intlbm #memorandumofunderstanding #fintech #financialanalysis #fintechindustry