PUBLISHING PARTNERS

Emirates NBD Asset Management, the asset management division of Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has highlighted the success of FundStar UAE Equities Income Fund, the bank’s first public fund in Dubai International Financial Centre, with a milestone achievement of surpassing USD 100 million in Assets Under Management (AUM).

Since its launch in November 2024, the FundStar UAE Equities Income Fund has offered access to a diversified portfolio of UAE-listed companies with attractive dividend profiles, with the potential to participate in long-term capital appreciation in a growing domestic market. As of 31 March 2026, the Fund’s AUM stood at USD 100.04 million, a substantial increase from USD 14.14 million at 31st December 2024 and has delivered a cumulative return of 21.96% with a 12-month performance of 13.30%. Against the backdrop of recent market dislocation, select stocks and sectors with strong fundamentals are expected to remain resilient, creating potential entry points for investors.

The fund aims for a dividend yield of 5% annum, offering eligible share classes quarterly income distributions. The consistent performance along with competitive dividend yield presents attractive opportunities for income-focused investors. This aligns with

Emirates NBD’s broader focus on growing its wealth and investment offering with regulated, professionally managed solutions tailored to regional investor preferences.

Based on this success the bank has also unlocked broader access for customers with the launch of a new Emirates Global High Yield Sukuk Fund within the FundStar platform, reinforcing the bank’s commitment to providing income-oriented investment solutions tailored for regional and international investors.

Michail Samawi, SEO, Group Head of Asset Management at Emirates NBD, commented: “We are pleased to highlight the growth of the DIFC-domiciled FundStar platform with income-focused investment options spanning UAE equities and global sukuk. The outstanding performance of the FundStar UAE Equities Income Fund since its launch in November 2024, achieving a total return of 21.96%, underscores the strength of the UAE equity market and our active management capabilities. We have successfully strengthened our relations with our customers and now have broadened access with the introduction of the new FundStar Emirates Global High Yield Sukuk Fund, providing access to attractive income opportunities within the global sukuk market, at a time when sukuk valuations are attractive and yields have enhanced. These professionally managed portfolios offer daily liquidity, providing investors with the flexibility to adjust allocations as market conditions evolve.”

He added: “As one of the largest asset managers in the UAE, Emirates NBD Asset Management is using its expertise to offer access to professionally managed portfolios with daily liquidity.”

The FundStar UAE Equities Income Fund and the new FundStar Emirates Global High Yield Sukuk Fund are designed to meet rising investor demand for professionally managed portfolios, while enabling them to participate in robust growth opportunities  with the flexibility required in today’s dynamic market environment.