ADIB Capital Limited, located in the DIFC, a wholly owned subsidiary of Abu Dhabi Islamic Bank and regulated by the DFSA, has launched the ADIB Global Healthcare Fund (OEIC), a Shariâa-compliant public fund incorporated in the DIFC that is designed to provide investors with access to high-conviction investments in the listed equities of companies in the healthcare sector, with a primary focus on developed markets.
The fund focuses on investing in a diversified range of healthcareârelated equities, including companies operating in areas such as pharmaceuticals, biotechnology, healthcare services, and medical devices.
The healthcare sector continues to be supported by longâterm global trends, such as ongoing advancements in healthcare technology and the ageing global demographics.
The fundâs investments are selected using a bottom-up approach that evaluates company fundamentals and market conditions, with a focus on identifying companies trading at lower levels relative to the broader market, and aims to deliver attractive riskâadjusted returns to investors through active management in an inherently defensive sector.
The launch of the ADIB Global Healthcare Fund reflects ADIB Capitalâs commitment to providing Shariaâcompliant investment access to resilient and structurally attractive sectors. The fund will be managed in collaboration with BlackRock Financial Management, an affiliate of BlackRock, the worldâs largest asset manager.
The collaboration with BlackRock brings together ADIB Capitalâs Sharia governance and regional market expertise with BlackRockâs global sector capabilities, supporting a wellâstructured investment offering for clients.
Keith Saldanha, Head of Wealth and Global Product Solution for the Middle East and Africa at BlackRock, added: âThis launch reflects the innovation we are seeing across Shariâa-compliant investing and the importance of working closely with partners who bring deep local expertise. Healthcare is a sector aligned with long-term societal needs, and it has been a privilege to collaborate with ADIB Capital to deliver a solution that combines rigorous Shariâa oversight with the scale and breadth of BlackRockâs active investment platform. The teamâs strong track record and experience give us confidence in their ability to capture long-term opportunities, particularly in sectors such as healthcare that sit at the heart of powerful global megatrends shaping the region and beyond.â
The fund has been approved by the Shariâa Supervisory Board, which has reviewed the fundâs structure, investments, and documentation. This provides investors with assurance that the fund operates in accordance with Shariâa principles and within ADIB Groupâs established governance framework. - TradeArabia News Service
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