VAM launches 11 funds in UAE after obtaining SCA licence

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VAM launches 11 funds in UAE after obtaining SCA licence

Luxembourg-domiciled fund manager VAM Funds has obtained the approval of the UAE's Securities and Commodities Authority (SCA) to register 11 of its range of funds within the region. The Luxembourg fund management company said in a statement earlier today that it is "committed to establishing and building a permanent distribution capability in the UAE", where it believes that demand for high quality, sophisticated investment funds and products is increasing.  VAM said that it is targ...

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