BNY Mellon appointed as global custodian for Lunate Capital’s $105bn assets
The Emirati investment firm will benefit from global custody, administration and transfer agency services to manage its multi-asset class portfolio.
Tag: Abu Dhabi
JP Morgan’s new ADGM license broadens securities services capabilities in Middle East
The ADGM license will enable the US bank to provide a more complete suite of products and services to clients directly in Abu Dhabi.
Citco opens Abu Dhabi headquarters in ADGM after 400% increase in MENA assets
New offices set up by fund services provider after enormous growth sees its assets in MENA hit $125 billion.
Sberbank gains license to open office in the United Arab Emirates
Russian bank gains regulatory approval to operate in the UAE and is awaiting final approval to open an office in Abu Dhabi.
Northern Trust to support UCITS fund launch for AD Global Investors
Northern Trust will act as the sole broker for AD Global Investors, assisting with its fixed income execution as well as providing custody, fund admin and FX services.
State Street optimistic about MENA growth as it plans new Abu Dhabi office
New research from State Street shows 78% of institutional investors are optimistic about their own growth prospects in the Middle East.
Apex becomes first admin to receive Abu Dhabi green light
Fund administrator Apex Fund Services has received ‘in principle approval’ to carry out regulated services in Abu Dhabi.