Investment management industry in Middle East given one voice through new trade association

  • Date: 19-Jul-2022
  • Source: Zawya
  • Sector:Industrial
  • Country:UAE
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Investment management industry in Middle East given one voice through new trade association

- Industry body will drive standards and professionalism

Abu Dhabi - A new Middle Eastern industry association for the Investment Management industry has been launched. The Middle East Investment Management Association (MEIMA) will serve as the representative body and ideas hub for a sector that is a cornerstone of the Middle East economy and will be also the first of its kind regional institution in the Middle East region.

MEIMA will be a membership-based association with the mission to support, champion and advance the growth and development of the asset management industry in the region.

The association’s broad objectives are:

- To be the voice of the industry for all stakeholders who have a stake in improving the MENA Investment Management from ADGM, DIFC, onshore UAE, GCC/MENA and non-UAE regulated asset managers.

- To engage with regulators to drive a competitive and compliant regional asset management operating environment

- To assist international members to establish their firms in the region

- To create an inclusive environment where the wider ecosystem of asset owners, asset managers, service firms and others can be brought together to network, collaborate, and learn from each other

- To ensure the highest levels of stewardship and governance

- To creating an encouraging environment for developing