Saturday, 28 January 2012

Investment group fund shuns UAE to list in London - The National

UAE stock markets risk losing companies to global rivals if liquidity and credibility are not improved, says the head of a leading UAE investment group.

Abu Dhabi Capital Management (ADCM), an alternative investment firm, is to list one of its funds on London's Alternative Investment Market (AIM) rather than a UAE bourse.

The company believes local markets do not have adequate liquidity to support such a listing and face numerous other hurdles in attracting business.

No comments:

Post a Comment