Eshara Capital, the first investment fund managed out of Abu Dhabi Global Market, has unveiled its first GCC equities fund that will help international investors gain access to the UAE and Saudi Arabia equity markets and IPOs.
The equities strategy will provide exposure to US dollar pegged assets that have AA-rated sovereign backing, yielding 5% or more.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The company expects the fund to benefit from the continued correlation to the oil price recovery, and numerous transformation plans in the region that aim to diversify away from hydrocarbon reliance.
Eshara CEO and founder Alex Guy said: "The UAE has a robust and sophisticated equity market and wider financial services sector with highly capitalised banks, a large concentration of institutional and private wealth and several of the world’s largest sovereign funds.
"In Saudi Arabia, on top of the Saudi Aramco share sale, we are likely to see a doubling of the Tadawul market capitalisation as up to 20 new companies, state owned share sales and family businesses list on the stock exchange. Being on the ground as we are and having unparalleled access to and knowledge of these sectors will provide our international investors with unique access to these opportunities."
The company’s investment team is based in Abu Dhabi, while having local networks and connections to the region’s sovereign wealth funds, large family offices and institutions.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe bank also has partnerships with global blue-chip investment partners including Bank of America Merrill Lynch, Julius Baer and Deloitte.
