Algebra hits $350m
- United Arab Emirates: Saturday, December 15 - 2007 at 07:42
Asset management firm Algebra Capital has clocked up $350m worth of assets under management in its first six months of business and 12 months after it was granted a license to operate as a category three firm at the Dubai International Financial Centre. The firm pointed to its joint venture with Franklin Templeton and the launch of its Alpha Mena listed equities fund as among the key factors behind its performance.
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