ADCB Asset Management
The Middle East’s 30 Biggest Asset Managers 2021

Rank: 22

ADCB Asset Management

Country: U.A.E.

Chief Investment Officer: Mark Friedenthal

Date of Establishment: 2018

AUM: $2 billion

ADCB Asset Management is a wholly-owned subsidiary of the Abu Dhabi Commercial Bank (ADCB), which is the third largest bank in the UAE. The company is incorporated on the Abu Dhabi Global Market. It has assets under management of more than $2 billion. Its ADCB Arabian Index Fund and the ADCB MSCI UAE Index AED were among the region’s first index funds, founded in 2008 and 2007 respectively.