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Financial View

MAF Asset Management reduces fund size to $1bn

Dubai-based Majid Al Futtaim Asset Management has reduced the capacity of its Elite Mena Equity Fund from its target of $1.5-$2 billion to $1bn due to tight liquidity and tougher market conditions, according to Habib Oueijan, Managing Director and Head of Mena Investments at MAF Asset Management.

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MAF Asset Management reduces fund size to $1bn

Category: Financial Services

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