New framework set up for ‘robo advisers’

Abu Dhabi: A new regulatory framework is in place to track “robo advisers” operating at Abu Dhabi Global Market. These digital entities provide investment management services using algorithm-based tools to interact with more tech-savvy clients. The supporting technology allows for tailored investment services to clients. “Robo-advice leveraging AI (artificial intelligence) and data analytics is an […]

Dubai to turn more economic data public

Dubai: Lack of transparency has long been a key challenge for anyone investing in emerging markets. But in Dubai, the government is hoping to change that. Smart Dubai Office, the government entity tasked with carrying out a smart transformation across the city, called on government and semi-government entities to provide more data points to the […]

Abu Dhabi fund is on lookout for new talent

Dubai: In a world of diminishing returns, Abu Dhabi’s top sovereign wealth fund is hiring as it boosts active management of its estimated $697 billion portfolio. Abu Dhabi Investment Authority plans to “add a number of new positions, mostly within investment and research-focused roles” in its fixed income and treasury department this year, according to […]