Royal Capital launches investment fund
Abu Dhabi-based, privately-owned Royal Capital yesterday said it launched its debut investment fund that targets fixed income markets in the Middle East and North Africa.
The open-ended fund is restricted to institutional investors and high networth individuals with a minimum investment required of $250,000 (Dh918,250).
Royal Capital plans to launch several other funds this year, the statement said. HSBC is the global custodian, registrar and administrator of the fund.
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