Invest AD, the investment company backed by the Abu Dhabi Government, is seeking a wider investor base for its funds.
It has sought to register and domicile its GCC and Africa funds in Luxembourg, which will allow the fund manager to freely market and sell both investment vehicles across Europe.
The funds are now a part of the Undertakings for the Collective Investment of Transferable Securities (Ucits), a regulatory framework that allows investment funds to be sold across borders in the European Union and offers additional investor protection measures.
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