UAE firm launches fixed income fund

29 March 2010

Abu Dhabi-based, privately-owned Royal Capital has announced the launch of its debut investment fund that targets fixed income markets in the Middle East and North Africa, Reuters has reported. The open-ended fund is restricted to institutional investors and high net worth individuals with a minimum investment required of $250,000. HSBC is the global custodian, registrar and administrator of the fund, the firm said.

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