Speaking during a call with analysts in October, Biff Bowman admitted the $887 billion (Dh3.25 trillion) asset manager
had suffered "significant outflows" from its sovereign wealth fund clients during the third quarter.
has won nine awards, including the Saudi Asset Manager
of the Year award for its performance over the year 2013 at the MENA Fund Manager Performance Awards ceremony held recently.
Shu Capital, a leading provider of integrated financial services, has been awarded "Best Asset Manager
in the UAE 2013" by EMEA Finance magazine's annual Middle East Banking Awards for the fourth consecutive year.
"One is the large, diversified asset manager
with scale and expertise in multiple product, segment, and market/geography combinations.
Boutique asset manager
361 Capital has announced it has been named a finalist in three categories for the fifth annual WealthManagement.com Industry Awards, the company said.
and investors not abdicating decision-making to proxy advisory firms; rather, asset manager
votes should be based on the independent application of internal policies and guidelines, and the assessment of individual companies and their boards and management.
Bancoob DTVM's 'Proficient' rating reflects Fitch's opinion that the asset manager
has good investment capabilities and operational characteristics relative to the investment strategies it offers.
In connection with such termination, NRE will make a termination payment to the Asset Manager
in the amount of $70M minus the amount of any incentive fee paid to the Asset Manager
under the Management Agreement.
As one asset manager
working in the multi-family housing industry stated: "All of the big questions [in asset management] right now are about data because we are collecting a lot of it from our properties and our residents.
International law firm, Simmons & Simmons has advised British asset manager
, Polar Capital, on the launch of its new operations in Paris.
First Abu Dhabi Bank (FAB), the UAE's largest bank and one of the world's largest and safest financial institutions, has been named UAE Asset Manager
of the Year by the Global Investor Group.
David Rothon, head of Investment Management at FAB, said: "This award-win reflects the efforts of all team members and recognises our position as a leading asset manager
in the UAE.