THE U.A.E.’S 5 BIGGEST ASSET MANAGERS

The U.A.E.’s five biggest asset managers recorded assets under management (AUM) worth a combined

$23.9 billion

in 2020.

SHUAA Capital

Founded: 1979 AUM 2020:

$14 billion

Emirates NBD Asset Management

Founded: 2006 AUM 2020:

$4.7 billion

ADCB Asset Management

Founded: 2018 AUM 2020:

$2 billion

Mashreq Capital

Founded: 2006 AUM 2020:

$1.8 billion

Waha Capital

Founded: 1997 AUM 2020:

$1.4 billion