The UAE has undergone a regulatory revolution in recent years, placing its finance sector under increased pressure. The industry has reacted positively, and these changes are now paving the way for a more professional environment, according to leading figures from some of the largest asset management companies in the region
Earlier this year, International Adviser online editor Simon Danaher hosted a roundtable with some of the leading figures from the asset management industry in the United Arab Emirates.
Almost all international life companies place high importance on external asset management company links when dealing with Middle Eastern advisers.
The planned introduction of a fee regime for fund distributors in the UAE has been met with quiet dissent by some in the asset management industry.
European funds are the best performers over 20 years, FE data shows, yet six times in the past 10 years Europe has been the worst selling retail sector, according to IMA statistics.
Anthony Bolton will retire from active fund management when he hands over the reins of Fidelity China Special Situations plc to investment trust novice Dale Nicholls on 1 April next year.
Fidelity Worldwide has unveiled an emerging market corporate debt fund as part of its expanding fixed income range, the firm has announced.
Fidelitys Raymond Ma has taken over the running of its offshore Greater China Fund following the decision by Joseph Tse to depart the firm.
First State’s Martin Lau and Fidelity’s Anthony Bolton are two of the biggest names investing in China on behalf of UK investors, albeit for different reasons.
Matt Siddle has been appointed lead manager of the Fidelity European Growth Fund, as former manager Alexander Scurlock is relocated to a new role within the investment team.
L&T Finance Limited, a subsidiary of technology, engineering and construction group Larsen and Toubro, is set to acquire Fidelity Worldwide Investments Indian mutual fund business.
Fidelity Worldwide Investment has launched a Global Demographics Fund, focusing on long-term trends such as population growth, the rise of new middle classes and population ageing.
