News

Aventicum Capital expands Qatar presence

QatarAventicum Capital Management Qatar (ACMQ), the asset manager jointly established by Credit Suisse and the Qatar Investment Authority (QIA), has acquired selected funds and mandates from Qatar-based asset manager, Amwal. The deal, for which the financial terms were not disclosed, will see ACMQ manage investment funds in both equities and fixed income, as well active and passive strategies and both conventional and sharia-compliant products. In addition, ACMQ will also take over the ownership of a Doha Bank-sponsored QE index ETF. All of the acquired funds will be made available to local, regional and international investors as the asset manager looks to expand the geographical reach of its client base and bolster its emerging markets’ portfolio. “We are looking forward to working with the Amwal team and integrating these funds into our platform, allowing us to continue building long-lasting relationships across regions,” said Aladdin Hangari, chairman of ACM.   “The transfer of Amwal’s funds to Aventicum’s institutional platform is an important step in strengthening Aventicum’s presence in Qatar as one of the top investment management players,” added Fahmi Alghussein, ACM chief executive and former Amwal CEO. ©2019 funds global mena

Executive Interviews

INTERVIEW: ‘Financing is the blood of Iran’s economy’

Jan 04, 2019

Amid a fresh wave of American sanctions, Romil Patel spoke to Meysam Hamedi, director of financial markets and instruments at Iran’s Securities & Exchange Organization (SEO).

INTERVIEW: Totally mega

Jun 13, 2018

In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...

Roundtables

ROUNDTABLE: Hooked to the global caravan

Jan 04, 2019

With the MENA region at a tipping point, our panellists talk about economic diversification, the impact of regulation and the delayed Saudi Aramco listing. Chaired by Romil Patel in Dubai.

MENA ROUNDTABLE: ‘The story is about reforms’

Jun 13, 2018

Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.