Royal Capital, an Abu Dhabi-based investment firm, plans to focus on fixed income funds as it taps growing investor demand for the Middle East and North Africa (MENA), its head of asset management said.
The two-year-old firm, capitalized at 300 million dirhams ($81.7 million), has already launched two small funds totaling 50 million dirhams.
"We will develop the funds business because it is business of scale. Investor appetite is increasing for certain funds like fixed income," Ahmed Talhaoui told Reuters.
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