The National Bank of Abu Dhabi launches the NBAD Emerging Markets Fund

The Fund aims to achieve long-term investment growth within acceptable levels of risk by employing an asset mix that is applied to capitalise on the talents and expertise of a diversified pool of top performing and internationally renowned emerging market Investment Managers.

The Fund will diversify the investment risk of its subscribers by optimally allocating its assets into various emerging markets. Inflows into such markets have been on the rise as institutional investors seek opportunities for growth. Studies carried out by a number of financial institutions and business consultancy groups suggest that these markets are likely to become a much larger force in the world economy.

Richard J. Amos, the General Manager of the Investment Banking Division at NBAD, commenting on the fund said,

"This fund aims to add value to investors by providing access to a diversified range of rapidly growing economies via top fund managers. We're very pleased to add this fund to our range of Global Growth Funds and anticipate a strong response from retail, high net worth and institutional investors."

The Head of NBAD's Corporate Finance and Business Development, Stuart Henrickson added, "NBAD will monitor the performance of selected fund managers and will rebalance the fund's asset allocation as and when required with an aim to exploit market trends and improve investor returns. Also, given the recent healthy corrections in these financial markets where current and forecasted economic and corporate fundamentals remain very strong, we believe this to be an opportune time to launch this fund to benefit investors."