ASB Capital, a purpose-driven asset and wealth management firm with AUM of USD 5.2 billion, has announced the launch of the ASB MENA Equity Fund in partnership with Amwal Capital Partners Limited. The Fund is designed to deliver long-term capital growth through a high-conviction portfolio of publicly listed equities across the MENA region.
The actively managed, long-biased strategy aims to outperform the S&P Pan Arab Composite Shariah Equities Index by combining macroeconomic insight, rigorous bottom-up fundamental analysis, and on-the-ground due diligence. The Fund will offer diversified exposure to select MENA markets while maintaining sectoral balance across financials, industrials, consumer and healthcare, amongst others.
โThe Fund reflects ASB Capitalโs aspiration to offer disciplined, high-conviction strategies focused on long-term value creation,โ said Hichem Djouhri, Senior Executive Officer at ASB Capital. โWith MENA equity markets valued at over USD 3.5 trillion and continuing to attract global capital, we are building an investment ecosystem that connects institutional and private investors to fundamentally strong opportunities, anchored in governance, transparency, and sustainable growth.โ
The ASB MENA Equity Fund is co-managed by ASB Capital and Amwal Capital Partners, both with a strong understanding in regional markets, macroeconomic trends, and active equity investments. The investment process focuses on generating alpha returns through a concentrated portfolio of fundamentally strong equities, each selected via valuation screening, intrinsic value assessments, and a long-term holding horizon.
โAmwal Capital Partners is proud to be the investment advisor of the ASB MENA Equity Fund that empowers investors to participate in the long-term growth of the regionโs most dynamic companies,โ said Fadi Arbid, Chief Investment Officer, Amwal Capital Partners. โWith MENA equity fund inflows rising over 40% in the past year, we have seen investor demand for localised, actively managed strategies at an all-time high. Amwal Capital Partners has consistently outperformed the regional markets and delivered alpha across various market and macroeconomic cycles. This Fund delivers on that need through deep regional expertise and disciplined execution aimed at unlocking sustained value.โ
The ASB MENA Equity Fund is open to both institutional and individual investors and offers Shariโa-compliant access to one of the regionโs compelling equity growth markets.
