SHUAA Capital announces the successful initial closing of Kuwait Gateway Fund and MAHA High Income Fund
SHUAA Capital psc, the leading UAE-based financial investment company, announced the end of a successful initial subscription period for the two recently launched investment products managed by its Asset Management Group: Kuwait Gateway Fund and MAHA High Income Fund
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‘We are delighted with the investor response to these two products. Including these funds, SHUAA Capital currently manages nine regional funds and has over 8 billion Dirhams in client assets under management”, stated Haissam Arabi, Managing Director – Asset Management Group at SHUAA Capital psc.
Kuwait Gateway Fund and MAHA High Income Fund are open-ended investment funds and have monthly liquidity. Investors wishing to subscribe to either fund may do so at the beginning of each month.
SHUAA Capital psc applies its expertise in regional financial markets to manage its existing products and to maintain its position as a leader in the growing asset management industry in the region. SHUAA Capital psc is planning to launch additional investment funds in the near future.