Tuesday, 15 July 2014

NBAD broadens scope of its regional funds | GulfNews.com

NBAD broadens scope of its regional funds | GulfNews.com:



"The National Bank of Abu Dhabi (NBAD) has rebranded several of its equity funds moving investment focus to a broader Middle East and North Africa (Mena) focus from a UAE emphasis.



The expanded scope, diversification and geography of the rebranded regional funds will offer new opportunities to institutional and retail investors.



The adjustment applies to NBAD UAE Islamic Fund (Al Naeem), rebranded to NBAD Islamic Mena Growth Fund; NBAD GCC Opportunities (AJAJ), rebranded to NBAD Mena Growth Fund; and NBAD UAE Distribution, rebranded to NBAD Mena Income & Growth Fund."



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