Dubai-headquartered investment brokerage and advisory firm BHM Capital Financial Services has been granted a fund management licence from the UAE Securities and Commodities Authority (SCA).
This will allow the company to establish and manage investment funds.
BHM Capital was established in 2006 and provides investment services for both private and corporate clients.
The licence is part of the firm’s strategy to offer financial instruments to meet investors’ needs and work with “one of the top-ranked companies in the country”, according to BHM Capital.
BHM Capital chief executive Abdel Hadi Al Sa’di said: “Our goal is to offer funds that deliver excess returns in the medium and long term. We handle the entire process of putting together a client’s investment portfolio and provide access to new investment opportunities.
“The fundamental advantage of investing in a fund is that it allows you to delegate investment management decisions to professionals. BHM Capital puts a fund’s investment strategy into action and oversees its portfolio trading activity.”
