UAE’s Allied Investment Partners unveils plan to invest $1.4 bln

09/09/2019 Argaam

 

UAE-based Allied Investment Partners (AIP), a wealth and asset management firm, is planning to invest over $1.37 billion (AED 5 billion) in different themes over the next four years, it said in a statement on Sunday.

 

“We are developing a new set of products which will be launched later this year. These products will enable AIP to further address market demand for safe, liquid, and unique investments across different asset classes,” said Iyad Abu Hweij, managing director of AIP.

 

In addition to promoting asset class diversification, these funds will also exhibit diverse geographical footprint, with some funds focused on specific regions across the globe, he added.

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