Middle East ETP News
you are currently viewing::Saudi, UAE drive GCC assets under management growth to $2.2trlnAugust 14, 2025--Two countries are among major contributors to growth in mutual funds sector-BCG
The growth highlights that the region is becoming a global financial hub and that asset managers in the Gulf are poised to compete with big global players in the future, the consultancy firm said on Wednesday. Saudi Arabia and the UAE have been cited for driving the expansion of the retail mutual funds sector. Source: zawya.com |
Lunate launches new AI Data, Power & Infrastructure ETF
November 6, 2025-This marks Lunate's 20th ETF launch, providing investors with a comprehensive suite for portfolio construction
The AI Data Power ETF enables investors to capitalize on the infrastructure driving the AI economy
ASB Capital marks first year with $5.8bln AUM as it eyes ETF launch
November 3, 2025-The firm currently manages $5.8bln in assets, reflecting the trust of a growing global client base, according to the announcement
ASB Capital, the asset management and investment banking arm of Al Salam Bank, is celebrating its one-year anniversary, reporting steady growth, new product launches, and regional expansion since its inception at the Gateway Gulf forum in November 2024.
Indxx Licenses US 2000 Profitability Index to Migdal Mutual Funds Ltd.
October 28, 2025--Indxx, a leading global provider of innovative indexing solutions for exchange-traded funds (ETFs), is pleased to announce the licensing of the Indxx US 2000 Profitability Index to Migdal Mutual Funds Ltd. The Index serves as the underlying benchmark for the MTF TR (4A) Indxx US 2000 Profitability Currency-Hedged (Ticker: 5140207), which began trading in Israel today.
PIF anchors newly listed Albilad MSCI Saudi Equity Exchange Traded Fund
October 26, 2025-The listing marks PIF's anchor investment into the first local broad market exchange traded fund (ETF), underscoring PIF's continued focus on asset management
