State Street Global Advisors plans registration of UAE-focused funds

clock • 1 min read

State Street Global Advisors, the asset management business of State Street Corporation(NYSE: STT), has announced plans to strengthen its intermediary network in the United Arab Emirates (UAE) by seeking to register five UCITS mutual funds with the Emirates Securities and Commodities Authority (ESCA). Subsequent to regulatory approval, the funds will be promoted through intermediaries onshore in the UAE to qualified investors. "We are focusing on intermediaries as a central part of our UAE operations," commented Emmanuel Laurina, State Street Global Advisors' Head of Middle East and A...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login

Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.