Waha Capital Plans to Hire for New Fund Targeting U.S., Europe - Bloomberg: Abu Dhabi investment firm Waha Capital PJSC plans to hire more people as it seeks to start new funds, one of which will target undervalued U.S. and European equities.
“Our strategy is to increase fee income by raising third-party assets under management,” Chief Executive Officer Michael Raynes said in an emailed response to questions. “The focus is to take opportunities to investors, in this region and in Europe, the United States and Asia.”
The company, which has 2.4 billion dirhams ($653 million) in assets under management, is reorganizing its fund-marketing division to support its investment drive, which may also include a fund that caters to regional demand for sharia-compliant investments, he said.
No comments:
Post a Comment