As part of their ongoing endeavors to deliver innovative investment solutions, Abu Dhabi Commercial Bank today announced the launch of the ADCB MSCI Arabian Markets Index Fund, a first-of-its-kind fund designed to track the performance of a diversified basket of Arabian market stocks.
"As the regional GCC equity and capital markets continue to grow, so too has the demand for more diverse and innovative solutions to meet the growing sophistication of investors. With this in mind, Abu Dhabi Commercial Bank is leading the way on a wide range of funds initiatives in the UAE and the broader region" said Ahmed Barakat, Head of Wealth Management Group at ADCB.
"A particular success for the bank is its mutual funds range whose increased appeal can be attributed to easy access to any market. Today as individuals become more affluent, professionally run products are central to preserving wealth and to growing it over time. Mutual funds offer that option while being cost effective, transparent, and regulated by renowned agencies." "The ADCB MSCI Arabian Markets Index Fund provides an ideal entry point for investors seeking efficient, low cost, passive exposure to one of the most dynamic investment destinations in the world," said Mark Friedenthal, Fund Manager, ADCB.
/WAM/
"As the regional GCC equity and capital markets continue to grow, so too has the demand for more diverse and innovative solutions to meet the growing sophistication of investors. With this in mind, Abu Dhabi Commercial Bank is leading the way on a wide range of funds initiatives in the UAE and the broader region" said Ahmed Barakat, Head of Wealth Management Group at ADCB.
"A particular success for the bank is its mutual funds range whose increased appeal can be attributed to easy access to any market. Today as individuals become more affluent, professionally run products are central to preserving wealth and to growing it over time. Mutual funds offer that option while being cost effective, transparent, and regulated by renowned agencies." "The ADCB MSCI Arabian Markets Index Fund provides an ideal entry point for investors seeking efficient, low cost, passive exposure to one of the most dynamic investment destinations in the world," said Mark Friedenthal, Fund Manager, ADCB.
/WAM/
No comments:
Post a Comment