News

Chimera Capital launches shariah ETF

ETF screenAbu Dhabi-based fund manager Chimera Capital has launched avshariah-compliant ETF that tracks Saudi Arabian stocks. The fund, which will be listed on the Abu Dhabi Securities Exchnage, is designed to cater for what the firm describes as “the growing appetite for diversified investments among investors in the region. The Chimera S&P KSA Shariah Compliant ETF is the second sub fund of the Chimera umbrella fund to track an S&P Dow Jones Indices Shariah compliant index. The index tracks the performance of the top 30 most liquid shariah-compliant equities listed on the Saudi stock exchange. BNY Mellon has been selected as the ETF’s global custodian while International Securities, EFG-Hermes, Daman Securities, BHM Capital, and Arqaam Securities have been appointed as authorised participants. ©2022 funds global mena

Executive Interviews

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

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

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...

INTERVIEW: Protecting the investment

Rasmala’s trade finance fund recently passed $100 million in assets. Doug Bitcon, head of credit strategies, explains why he has to be hands-on.

EXECUTIVE INTERVIEW: A natural interest in the topic

Since 2016, Guillermo Ortiz has been a chairman of Latin America’s BTG Pactual. The former central banker of Mexico talks to Nick Fitzpatrick.

Roundtables

Middle East Investor Roundtable 2020: Dimensions of diversification

Investors in the Middle East consider the tools that will be needed to navigate the Covid-19 crisis, the continued appetite for dividend and why it’s all about tech. Chaired by Romil Patel.

South Africa asset management roundtable: Global rebound on ice

Experts discuss the investment implications of the coronavirus pandemic, a delayed rebound in global growth and dealing with South Africa’s energy issues head on. Chaired by Romil Patel in Cape Town.

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Our panel discusses Chinese investment in Africa, financial institutions’ contribution to economic sustainability and regulatory concerns. Chaired by Romil Patel in Cape Town.

ROUNDTABLE: Hooked to the global caravan

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.