News

Northern Trust appointed by AD Global for Ucits fund launch

Abu Dhabi-based investment manager AD Global Investors has selected Northern Trust (NT) to provide asset servicing in support of four new Ucits funds domiciled in Ireland. More specifically, NT has been appointed to provide fixed income execution services, foreign exchange, fund administration and custody services and is its first such mandate in the region. AD Global is the first Abu Dhabi General Markets-licenced manager to be authorised by the Central Bank of Ireland and NT’s presence in both markets was a key factor in its selection, according to David Rothon, CEO, AD Global Investors. “Having relationship management coverage in both Abu Dhabi and Dublin was an important factor for us and we look forward to working with Northern Trust for many years to come,” said Rothon. “As the sole broker, Northern Trust will help AD Global Investors manage the growing cost and regulatory pressures facing the industry,” added Guy Gibson, head of Institutional Brokerage for EMEA & Asia-Pacific at Northern Trust. ©2019 funds global mena

Executive Interviews

INTERVIEW: ‘Financing is the blood of Iran’s economy’

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Roundtables

Middle East Investor Roundtable 2020: Dimensions of diversification

Investors in the Middle East consider the tools that will be needed to navigate the Covid-19 crisis, the continued appetite for dividend and why it’s all about tech. Chaired by Romil Patel.

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Experts discuss the investment implications of the coronavirus pandemic, a delayed rebound in global growth and dealing with South Africa’s energy issues head on. Chaired by Romil Patel in Cape Town.

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Our panel discusses Chinese investment in Africa, financial institutions’ contribution to economic sustainability and regulatory concerns. Chaired by Romil Patel in Cape Town.

ROUNDTABLE: Hooked to the global caravan

With the MENA region at a tipping point, our panellists talk about economic diversification, the impact of regulation and the delayed Saudi Aramco listing. Chaired by Romil Patel in Dubai.