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Daman Investments, UAE fund
- United Arab Emirates: Monday, January 29 - 2007 at 14:04
Daman Investments has launched the Daman Second Emirates Fund, an open-ended $54.5m fund which will focus on the UAE equities markets. The offer period will begin on February 18 and end on March 18. The new fund's minimum subscription amount has been set at $54,500 and the fund will target quarterly dividend payouts; it will be open to all nationalities as well as non-UAE residents.
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Jonathan Sheikh-Miller, Deputy EditorMonday, January 29 - 2007 at 14:04 UAE local time (GMT+4)
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This article was updated on Tue Apr 17 2007.
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