Today at the Abu Dhabi stock exchange, the launch of "Abu Dhabi Fund Groups" was announced with the aim of strengthening the market infrastructure. This new group will unite all firms under the jurisdiction of sovereign funds on one platform to improve the quality of services provided and enhance operational efficiency.
The main goal of creating the "Abu Dhabi Fund Groups" is to facilitate access to capital for investors, as well as to offer a broader spectrum of products and services. It is proposed that the unification of all firms under a single management will allow for more effective competition in the global market and attract capital.
The basis for such a decision was the results that showed the potential for increasing market capitalization and strengthening its positions. Within the framework of the new structure, each firm will retain its independence and identity, however, will closely collaborate with other members of the group to ensure the best results. Each participant will be provided support in development and improving qualifications.
"We confidently look to the future thanks to the creation of the Abu Dhabi Fund Groups. This will allow us to increase the efficiency of operations and improve the quality of the services we provide, which ultimately benefits all participants in the fund market," emphasized the exchange representative.
