NBAD said its bespoke portfolio service has been designed to provide investors with an individually tailored investment portfolio, consisting of a range of mutual funds, structured products and money market instruments, to be managed by a dedicated relationship manager.
The investment advisory division meanwhile, will offer investment in more than 1,300 stocks across 12 major MENA exchanges and “highly graded” MENA bonds.
Alan Durrant, the group chief investment officer and general manager of NBAD’s Asset Management Group said investors using the two new services will benefit from investment opportunities presented by the region and take advantage of growth not currently found in many other jurisdictions around the world.
